Penalties
22.—(1)  Any person, other than a body corporate, but including a director or an officer of a body corporate, who commits an offence under this Act shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both and, in the case of a second or subsequent conviction, to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.
(2)  Any body corporate which commits an offence under this Act shall be liable on conviction to a fine not exceeding $20,000.
(3)  Where any person is convicted of an offence under this Act, the court by which he is so convicted may, whether or not it imposes any other penalty, make an order cancelling any licence issued under section 7 to him, or to any firm of which he is a partner, or to any corporation of which he is a director or an officer, and debarring him or the firm or corporation from obtaining a new licence either absolutely or for such period as the court may determine, or may suspend the licence for such period as the court may determine.
(4)  Where a person charged with an offence under this Act is a body corporate, every person who, at the time of the commission of the offence, is a director or an officer of that body corporate may be charged jointly in the same proceedings with the body corporate, and where the body corporate is convicted of the offence charged, every such director or officer shall be deemed to be guilty of the offence unless he proves that the offence was committed without his knowledge or that he took reasonable precautions to prevent its commission.
(5)  Any person who would have been liable for an offence under this Act to any penalty for anything done or omitted to be done if the thing had been done or omitted to be done by him personally shall be liable to the same penalty if the thing has been done or omitted to be done by his partner, agent or employee, unless he proves that he took reasonable precautions to prevent the doing or omission of that thing.