(1) A person who contravenes this Act commits an offence and is liable on summary conviction —
(a) in the case of an individual, to a fine not exceeding $100,000 or to imprisonment for a term not exceeding 3 years or to both;
(b) in the case of a company, to a fine not exceeding $500,000 or to imprisonment for a term not exceeding 5 years or to both,
and forfeiture of goods or money in respect of the offence committed.
(2) Where a penalty under this Act conflicts with a penalty under any other enactment, the penalty under the other enactment prevails.