15E.—(1) A person shall not deal with any specified property, or any funds in any specified account, unless he does so under the authority of a licence granted under section 15H.
[5/2010]
(2) A person who, without reasonable excuse, contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction —
(a)
in the case where the person is a body corporate, to a fine not exceeding $200,000; or
(b)
in any other case, to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 2 years or to both.