Section 6 — No regulated dealing without registration

(1)A person must not act as or hold out to be a regulated dealer unless the person is a registered dealer.

(2)A person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $75,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $7,500 for every day or part of a day during which the offence continues after conviction.