(1) If the Bank decides to impose a monetary penalty on a regulated financial service provider under section 33AQ or 33AR, it may not impose an amount that would be likely to cause the financial service provider to cease business.

(2) If the Bank decides to impose a monetary penalty on a natural person under section 33AQ or 33AR, it may not impose an amount that would be likely to cause the person to be adjudicated bankrupt.

(3) If conduct engaged in by a person constitutes -

(a) two or more prescribed contraventions by that person,

(b) participation by that person in two or more prescribed contraventions by a regulated financial service provider, or