Composition of offences
84.—(1)  Any offence under —
(a)this Act; or
(b)any subsidiary legislation made under this Act,
may be compounded under this section if the offence is prescribed as a compoundable offence.
(2)  For the purpose of subsection (1), the Commission may, with the approval of the Minister, make regulations —
(a)to prescribe the offences under this Act or any subsidiary legislation made thereunder as offences that may be compounded under this section;
(b)to designate the person who may compound such offences; and
(c)to specify the maximum sum for which such offence may be compounded, except that the maximum sum so specified shall not exceed —
(i)one half of the amount of the maximum fine that is prescribed for the offence; or
(ii)$5,000,
whichever is the lower.
(3)  The person designated under subsection (2)(b) may compound any offence prescribed under subsection (2)(a) by collecting from a person who is reasonably suspected of having committed the offence a sum of money not exceeding the maximum sum that is specified under subsection (2)(c) in respect of that offence.