Cap. 590 Art. 54Penalties. 

(1) An issuer or a licence holder, other than a licence holder referred to in sub-article (2), guilty of an offence under the provisions of article 53 shall be liable on conviction to a fine (multa) not exceeding ten million euro (€10,000,000) or up to three times the profits made or losses avoided by virtue of the offence, whichever is the greater, or to imprisonment for a term not exceeding six years, or both such fine and imprisonment, unless such fine or term of imprisonment is otherwise imposed under article 38(5).

(2) Repealed by Act XIV.2024.15.