(1) A person who commits an offence under section 21(3), 40(3), 67(5), 69(2), 77(5), 82(2), 87(4), 88(2), 89(2), 131, 134(3), 135(5), 136(3) or 137(5) is liable on summary conviction—
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(a) in the case of an individual, to a fine of $50,000 or to imprisonment for one year or to both;
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(b) in the case of a company, to a fine of $100,000; and if the offence is a continuing offence, the individual or company is liable to a further fine not exceeding $1,000 for every day that the offence continues after conviction.