(1) A person who contravenes -
(a) any provision of Regulation 5 or 6,
(b) any provision of Regulation 10, 11, 12 (except Regulation 12(7)), 13 (except Regulation 13(3)), 14 (except Regulation 14(2)), 17, 18, 19, 20, 21, 22, 23, 24 or 47, or
(c) a requirement under any provision of Regulation 7,
is guilty of an offence and liable on summary conviction to a fine not exceeding €5,000 or imprisonment for a term not exceeding 12 months or both.
(2) Each offence under paragraph (1) consisting of a contravention of any provision of Regulation 5 or 6 is an offence to which section 32 of the Investment Funds Companies and Miscellaneous Provisions Act 2005 applies.
(3) Where the contravention in respect of which a person is convicted of an offence under these Regulations is continued after the conviction, the person shall be guilty of a further offence on every day on which the contravention continues and liable on summary conviction to a fine not exceeding €5,000 or imprisonment for a