Composition of offences
66.—(1)  The Authority may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding half of the amount of the maximum fine prescribed for that offence.
(2)  The Authority may compound any offence under this Act (including an offence under a provision that has been repealed) that —
(a)was compoundable under this section when the offence was committed; but
(b)has ceased to be so compoundable,
by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding half of the amount of the maximum fine prescribed for that offence at the time it was committed.
(3)  On payment of the sum of money mentioned in subsection (1) or (2), no further proceedings are to be taken against that person in respect of the offence.
(4)  All sums collected by the Authority under subsection (1) or (2) must be paid into the Consolidated Fund.