100. Importing or selling etc. goods marked with counterfeit trade mark

Any person who imports, sells or exposes or has in his possession for sale or for any purpose of trade or manufacture any goods or thing to which a counterfeit trade mark has been applied or to which a registered trade mark has been falsely applied, unless he proves that —

having taken all reasonable precautions against committing an offence under this section, he had, at the relevant time, no reason to suspect the genuineness of the mark and on demand made by or on behalf of the prosecution, he gave all the information in his power with respect to the persons from whom he obtained the goods or thing; or

he had acted innocently, is guilty of an offence and liable on conviction to a fine not exceeding $10,000, imprisonment for a term not exceeding 5 years for each goods or thing to which the counterfeit trade mark has been applied or the registered trade mark has been falsely applied (but not to exceed in the aggregate $100,000), or both.