(1) [deleted]

(2) A credit union or other person who is guilty of an offence under this Act, other than an offence for which a different penalty is expressly provided, shall be liable -

(a) on summary conviction to a class C fine or to imprisonment for a term not exceeding 3 months or both; or

(b) on conviction on indictment to a fine not exceeding €6,348.69 or to imprisonment for a term not exceeding 2 years or both.

(3) If the contravention in respect of which a credit union or other person is convicted of an offence under any provision of this Act is continued after that conviction, that credit union or other person shall be guilty of a further offence for every day on which the contravention continues and for each such offence shall be liable on summary conviction to a class E fine or, on conviction on indictment, to a fine not exceeding €1,904.61.

(4) Summary proceedings for an offence against a provision of this Act may be brought by the Bank.

(5) [deleted]