s.26Administrative fines
26
Section 26Part 6 — ExemptionsAmended

Administrative fines

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Amended by Supplement No. 1, Gazette No. 1 of 2026 on 14 Jan 2026 — commenced 1 Dec 2025 (Supplement No. 1, Gazette No. 1 of 2026)
The Registrar may impose an administrative fine on a person who commits a prescribed breach.
A person who commits a prescribed breach is lia ble to a fine of five thousand dollars.
The Registrar may, in addition to the fine for the initial breach, impose a further fine of one thousand dollars for every month that the breach continues, until one of the following occurs —
the breach stops or is remedied;
payment of the initial fine and all fines imposed for the continuing breach; or
the total of the initial fine and all fines for the continuing breach amounts to twenty - five thousand dollars. (3A) In determining the amount of an administrative fine to be imposed under subsection (2) or (3), the Registrar shall take into account the rules referred to in section 29.
A fine —
may be imposed for a breach that is not an offence; and
shall not be imposed by the Registrar where criminal proceedings have commenced or have been concluded in relation to the acts that constitute the breach.
The penalty for a breach which is also an offence under this Act or any r egulations made under this Act is not limited by the fine under this section or by the penalties under sections 6(2)(ii) and 8 of the Criminal Procedure Code (2026 Revision) .
The Registrar shall not impose a fine after the expiration of six months after the date on which the Registrar became awa re of the occurrence of the breach.
The Registrar becomes aware of the breach when the information is first received from which the breach could reasonably have been inferred.
If a breach under this Act is an offence, a fine for the breach shall n ot preclude a prosecution for the offence or liability for any prescribed fees.
Where an administrative fine remains unpaid for ninety days after imposition of the fine, the Registrar may strike or remove the legal person off the register in accordance with the relevant provision as follows —
Part 6 of the Companies Act (2026 Revision) ;
section 40 of the Limited Liability Companies Act (2025 Revision) ; or
section 31 of the Limited Liab i lity Partnership Act (2025 Revision) , and the legal person shall thereupon be dissolved.
An administrative fine may be recovered as a debt due to the Crown.
A person who is aggrieved by a decision of the Registrar to impose an administrative fine under this section may appeal in accordance with the prescribed procedure.
The Cabinet may make Regulations providing for appeals , including appeals against decisions of the Registrar to impose an administrative fine , to strike off or remove the legal person from the register or for the competent authority to vary the amount of the fine imposed on appeal .

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