270. Contraventions

Past version: effective from 29/04/2020 - 28/04/2020
To view other versions open the versions tab on the right

(1) Rules made under section 268 (statements from a person subject to non-Abu Dhabi Global Market restrictions) may provide that it is a contravention of these Regulations for a person–
(a) to fail to comply with a requirement under the rules to send a statement to the Registrar,
(b) knowingly or recklessly to send a statement under the rules to the Registrar that is misleading, false or deceptive in a material particular.
(2) The rules may provide that a person who commits the contravention referred to in subsection (1)(a) is liable to a fine of up to level 5.
(3) The rules may provide that a person who commits the contravention referred to in subsection (1)(b) is liable to a fine of up to level 8.