The Consumer Credit Act 1995 is amended by substituting the following section for section 13:
(1) A person who is guilty of an offence under this Act shall be liable -
(a) on summary conviction, to a fine not exceeding €3,000 or imprisonment for a term not exceeding 12 months or both, or
(b) on conviction on indictment, to a fine not exceeding €100,000 or imprisonment for a term not exceeding 5 years or both.
(2) Where a person is convicted of an offence under this Act and there is a continuation of the offence by the person after his or her conviction, the person shall be guilty of a further offence on every day on which the contravention continues and for each such offence shall be liable -
(a) on summary conviction, to a fine not exceeding €1,000, or
(b) on conviction on indictment, to a fine not exceeding €10,000.".