Composition of offences
100F.—(1)  The Registrar may, in his discretion, compound any offence under this Act or the rules made thereunder which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum not exceeding —
(a)one half of the amount of the maximum fine that is prescribed for the offence; or
(b)$5,000,
whichever is the lower.
[23/2008]
(2)  On payment of such sum of money, no further proceedings shall be taken against that person in respect of the offence.
[23/2008]