(1) A person shall not, with intent to control the market or to restrain trade, hold or buy up goods or retain them in his or her possession or under his or her control.
(2) A person who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.
(3) Where any person is convicted of an offence under subsection (1), the court may order that the goods be forfeited to the State.
(4) Before making an order under subsection (3), the court shall give every person appearing to have an interest in the goods in respect of which the order is proposed to be made, an opportunity of being heard.
(5) Goods forfeited to the State under subsection (3) shall vest in the State —
(a) if no appeal has been made against the order at the end of the period within which an appeal may be made against the order; and
(b) if an appeal has been made against the order, on the final determination of the appeal.