S-29.02 - Trust Companies and Savings Companies Act

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307. Despite sections 303 to 306, the Minister may determine the regulatory provisions made under this Act whose contravention constitutes an offence and renders the offender liable to a fine of which the minimum and maximum amounts are set by the Minister. The Government may also provide that, despite article 231 of the Code of Penal Procedure (chapter C-25.1), a contravention renders the offender liable to a term of imprisonment, or both the fine and imprisonment.
The maximum penalties under the first paragraph may vary according to the severity of the offence, without exceeding those prescribed in section 306.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
307. Despite sections 303 to 306, the Minister may determine the regulatory provisions made under this Act whose contravention constitutes an offence and renders the offender liable to a fine of which the minimum and maximum amounts are set by the Minister. The Government may also provide that, despite article 231 of the Code of Penal Procedure (chapter C-25.1), a contravention renders the offender liable to a term of imprisonment, or both the fine and imprisonment.
The maximum penalties under the first paragraph may vary according to the severity of the offence, without exceeding those prescribed in section 306.
2018, c. 232018, c. 23, s. 395.