Icepak New Zealand Limited
Fine imposed: In respect of the section 36 charge, the starting point for the fine was set at $300,000, being the low end of the medium culpability band. The final fine was set at $165,000, following discounts of 45% for reparation, remorse, good character and early guilty plea.
However, the Judge entered a conviction rather than a fine, adjourning the section 36 charge for 18 months for Icepak to give and comply with the court ordered enforceable undertaking.
In respect of the section 56 charge, the Judge entered a conviction and imposed a fine of $8,000.