(1) An organization that ¾

(a) fails to credit an amount to a political fund as required by section 97P;

(b) credits an amount to a political fund contrary to section 97P; or

(c) makes a payment contrary to section 97P,

is guilty of an offence and liable to a penalty of $5 000.

(2) If an organization is guilty of an offence against subsection (1), any finance official of the organization who is in any way, by act or omission and directly or indirectly, concerned in or party to the transaction in question, knowing the transaction to have been made in contravention of section 97P is guilty of an offence and liable to a penalty of $1 000.

(3) In subsection (2) ¾

}finance official~ has the same meaning as it has in section 74.

[Section 97S inserted by No. 3 of 1997 s.17.]