TO PUNISH PROFITEERS
AUSTRALIAN PENALTIES Sept. 24. The penalties for persons convicted in the Lower Court of black marketing or profiteering are to be a minimum of three months’ imprisonment without the option of a fine for individuals and a fine of £lOOO for companies under a Bill introduced in the i 'louse of Representatives to-day. 11 I ‘he offence is prosecuted upon an intictment the minimum penalty will i be imprisonment for twelve months | without the option of a fine for an j individual and a fine of £lO,OOO for a i company. ! Every person who Is a director or ; an employee actively concerned in the I -onduct of a business is deemed guilty I -f an offence unless he proves that ;'t is without his knowledge and that due care was taken to prevent it. ms a firm can be fined £lO,OOO and ■ its guiltv directors or employees be | lentenced to twelve months’ gaol as 1 well.
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Bibliographic details
Wanganui Chronicle, Volume 86, Issue 228, 28 September 1942, Page 6
Word Count
159TO PUNISH PROFITEERS Wanganui Chronicle, Volume 86, Issue 228, 28 September 1942, Page 6
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