Section 1311A — Corporations Act 2001: Penalty for committing an offence

(1) A person who commits an offence against this Act is punishable on conviction by a penalty not exceeding the penalty applicable to the offence. (2) If: (a) a person commits an offence in the person’s capacity as trustee of a registrable superannuation entity; and (b) the penalty applicable to the offence is, or includes, a fine; then, in determining the fine for the offence, the court must take into account the impact that the fine under consideration would have on the beneficiaries of the entity.