Contents of Section

Chapter:

296A PDFTitle:RESERVED COMMODITIES (CONTROL OF IMPORTS, EXPORTS AND RESERVE STOCKS) REGULATIONSGazette Number:
Regulation:25Heading:Other offencesVersion Date:30/06/1997

(1) Any stockholder who fails to comply with regulation 18 shall be guilty of an offence and shall be liable on conviction to a fine of $100000 and to imprisonment for 2 years.
(2) Any person who-

        (a) contravenes regulation 3, 4, 9 or 21;
        (b) fails to comply with regulation 19;
        (c) fails to comply with a notice under regulation 22(1) in accordance with regulation 22(4); or
        (d) fails to comply with a notice of prohibition under regulation 23(1) in accordance with regulation 23(2),
shall be guilty of an offence and shall be liable on conviction to a fine of $50000 and to imprisonment for 1 year.
(3) Any person who contravenes regulation 7 or 7A shall, unless he proves that he did not know and could not with reasonable diligence have known that the commodity accepted for export, or imported, as the case may be, was a reserved commodity, be guilty of an offence and shall be liable on conviction to a fine of $50000 and to imprisonment for 1 year. (L.N. 336 of 1981)
(4) Any person who without reasonable excuse, fails to comply with any direction of the Director under regulation 17 or with an order of the Director under regulation 20 shall be guilty of an offence and shall be liable on conviction to a fine of $50000 and to imprisonment for 1 year.
(5) Any person who fails to surrender his certificate of registration under regulation 14(7) or regulation 16(3) or (4) shall be guilty of an offence and shall be liable on conviction to a fine of $5000 and to imprisonment for 3 months.
(6) Any person who contravenes regulation 5, 6 or 8 shall be guilty of an offence and shall be liable on conviction to a fine of $5000.