22. Penalty for offences under Parts 2 and 3

Any person who is guilty of an offence under Part 2 or 3 shall be liable on conviction —

in the case of a body corporate — to a fine not exceeding $200,000 and, in the case of a second or subsequent offence, to a fine not exceeding $400,000; and

in any other case — to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 12 months or to both and, in the case of a second or subsequent offence, to a fine not exceeding $200,000 or to imprisonment for a term not exceeding 2 years or to both.