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In force2023 Revised Edition
Contents

Part · General

71. Composition of offences

(1)

The Authority may, in its discretion, compound any offence against this Act or any regulations made thereunder which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum not exceeding —

(a)

one half of the amount of the maximum fine that is prescribed for the offence; or

(b)

$5,000, whichever is the lower.

(2)

On payment of such sum of money, no further proceedings shall be taken against that person in respect of the offence.

(3)

The Minister may make regulations to prescribe the offences which may be compounded.

(4)

All sums collected under this section shall be paid to the

Consolidated Fund.

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