s 40
(1) The Chairman of the Commission may, with the consent in writing of the Public Prosecutor, compound any offence committed by any person under this Act or any rules made thereunder and determined by the Minister to be a compoundable offence by rules made under this Act by making a written offer to the person suspected to have committed the offence to compound the offence upon payment to the Chairman of an amount of money not exceeding fifty percent of the amount of the maximum fine for that offence within the time specified in the offer. (2) An offer under subsection (1) may be made at any time after the offence has been commited, but before any prosecution for it has been instituted, and if the amount specified in the offer is not paid within the time specified in the offer or within such extended period as the Chairman may grant, prosecution for the offence may be instituted at any time after that against the person to whom the by the Chairman, subject to such terms and conditions as he thinks (4) All sums of money received by the Chairman under this section shall be paid into and form part of the Federal Consolidated