Document ID: chunk:federal_register_of_legislation:C2004A02490:body:0:p21
Version: federal_register_of_legislation:C2004A02490
Segment Type: other
Provision Reference: 
Character Range: 51915–54602

sub-section, being a transaction to which the person is a party and in relation to which section 90j applies to the person, the person is guilty of a separate offence in respect of each day (including the day of a conviction under this sub-section or any subsequent day) during which the contravention continues—
         (a) if the person is guilty of an offence or offences against sub-section 90j (7e) in relation to the transaction—after the day on which the transaction takes place and before the day in respect of which he ceases to be guilty of any further offence against that sub-section;
         (b) if the person is guilty of an offence or offences against sub-section 90j (7f) or 90ja (10) in relation to the transaction—after the day in respect of which the offence, or the first such offence, is committed; or
         (c) in any other case (including a case where the person is guilty of an offence or offences against sub-section 90j (7e) in relation to the transaction but has subsequently ceased to be guilty of any further offence against that sub-section)—after the expiration of the period of 6 months after the transaction takes place or such further period as the Tribunal, on application, allows by notice in writing served on the person within that period of six months.
    "(5c) Where—
         (a) a transaction in relation to which section 90j applies takes place after the commencement of this sub-section;
         (b) a person (in this sub-section referred to as the 'prescribed person'), not being a party to the transaction, is a person to whom section 90j applies in relation to the transaction by reason of another person being a party to the transaction;
         (c) the Tribunal approves the transaction in whole or in part under section 90ja in so far as it affects that other person; and
         (d) the prescribed person contravenes this section by reason that he is the holder of interests attributable to so much of the transaction as is so approved,
    the prescribed person is guilty of a separate offence in respect of each day (including the day of a conviction under this sub-section or any subsequent day) during which he contravenes this section by reason that he is the holder of those interests, or any other interests attributable to so much of the transaction as is so approved, after the expiration of the period of 6 months after the day on which the approval or, where there are 2 or more such approvals, the later or

    latest approval, is given or such further period as the Tribunal, on application, allows by notice in writing served on the prescribed person within that period of 6 months.
    "(5d) Where—
         (a)