Cap. 610 Art. 13Offences and penalties. 14 [

(1) Any person who -

(a) wilfully or through negligence acts in breach of any Remit Regulation requirement, any provision of this Act or of regulations made thereunder; TRANSPARENCY (ENFORCEMENT POWERS) CAP.610.

(b) wilfully or through negligence breaches any decision or order made under this Act or of regulations made thereunder;

(c) fails to comply with any decision or order made under this Act or of regulations made thereunder;

(d) hinders, obstructs, molests or interferes or attempts to hinder, obstruct, molest or interfere with the performance of the duties of any inspector, any employee or officer of the Regulator; or

(e) makes a declaration for any of the purposes of this Act or of regulations made thereunder which is false, misleading or incorrect in any material particular, shall be guilty of an offence against this Act and shall, on conviction, be liable to imprisonment for not more than eighteen months, or to a fine (multa) of not more than hundred thousand euro (€100,000) or to one thousand three hundred euro (€1,300) for each day during which the offence persists, or to both such fine and imprisonment.

(2) Any person who with intent to avoid detection of the commission of an offence under this Act removes, destroys, conceals or fraudulently alters any book, document or other paper, shall be guilty of an offence.