29A.—(1) Any person who has in his possession any obscene film shall be guilty of an offence and shall be liable on conviction to a fine of not less than $500 for each such film he had in his possession (but not to exceed in the aggregate $20,000) or to imprisonment for a term not exceeding 6 months or to both.
(2) Any person who has in his possession any obscene film knowing or having reasonable cause to believe the film to be obscene shall be guilty of an offence and shall be liable on conviction —
(a)
to a fine of $1,000 for each such film in his possession (but not to exceed in the aggregate $40,000) or to imprisonment for a term not exceeding 12 months or to both; and
(b)
in the case of a second or subsequent conviction, to a fine of not less than $2,000 for each such film in his possession (but not to exceed in the aggregate $80,000) or to imprisonment for a term not exceeding 2 years or to both.