CAN BE IMPRISONED
HEADS OF FIRMS
PROFITEERING OFFENCES
■ The opinion that the managing director of a company or corporation, as well as the small trader, could be sentenced to a term of imprisonment for profiteering was expressed by the Leader of the Legislative Council (the Hon.- Mark Fagan) during the Committee stage on the Prevention of Profiteefr ing Bill yesterday. ■ : '
The clause dealing with penalties specifies that:. in .the. case of an individual there is to be a fine of riot liiore than £200 or a maximum, of three months' imprisonment, and in the case
of a company or other corporation, a
fine not exceeding £1000,
' The Hon. R. Masters moved to delete the clause providing for imprisonment in the case of an individual. He said that he could iiot see why big companies should be immune from the punishment prescribed for an. individual. '_ . ■ .'-.■.' :. / ' Mr. Fagan replied' that it would be competent for' a Magistrate to send directors of a'company to gaol.' The clause: dealing with the constitution of the offence of profiteering had to be read in conjunction with the clause dealing with Mr. Masters: I entirely disagree. Mr. Fagan said that the opinion of the Crown Law Draftsman was that a managing director could get the same term of imprisonment for an offence as the small trader would receive.
Mr. Master's amendment was de"eated by 18 votes, to 10. V
The Hon. T. Bloodworth 'moved an amendment providing that a managing director should be liable to 12 months' imprisonment, but the amendment was defeated on the voices. ,
CAN BE IMPRISONED
Evening Post, Volume CXXII, Issue 32, 6 August 1936, Page 11
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