63.—(1) The Comptroller may compound any offence under this Act by accepting from the person reasonably suspected of having committed the offence a sum of money not exceeding $5,000.
(2) The Comptroller before making any offer of composition under subsection (1) shall take into consideration the nature of the offence and the circumstances under which the offence was committed.
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(3) On payment of such sum of money, no further proceedings shall be taken against that person in respect of such offence.
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(4) All sums received for the composition of offences under this section shall be paid into the Consolidated Fund.