LCRO 194/2015+56/2016 TB v HN Ltd (12 June 2017) [pdf, 144 KB]
...TB apologise is reversed. Fine [34] The Committee ordered Mr TB to pay a fine of $7,500 to the NZLS. [35] The maximum fine pursuant to the Act is $15,000. [36] The AMINZ Tribunal ordered Mr TB to pay a fine of $7,000, where the maximum permitted fine is $10,000. [37] In both cases the fine goes to the body exercising jurisdiction. [38] A fine is a punishment. [39] The AMINZ decision notes that the fine as imposed was intended to cover the whole of the default set ou...