Clause 3

No person shall establish or maintain or assist in establishing or maintaining or hold himself out as providing or maintaining a stock market that is not the stock market of a stock exchange.

Any person who contravenes the provisions of subsection (1) of this section shall be guilty of an offence under this Act and shall liable on conviction to a fine not exceeding three thousand dollars and in the case of a second or subsequent conviction to a fine not exceeding fifteen thousand dollars.