Regulation 14
Penalty
of Regulation of Imports and Exports (Kimberley Process) Regulations
Subsidiary LegislationIn forceProvision 14 of 15
Regulation 14
Any person who is guilty of an offence under these Regulations shall be liable —
(a)
on the first conviction to a fine not exceeding $100,000 or 3 times the value of the rough diamonds in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 2 years or to both; and
(b)
on the second or subsequent conviction to a fine not exceeding $200,000 or 4 times the value of the rough diamonds in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 3 years or to both.