s 103 Composition of offences
103.—(1) The Registrar or any person authorised in writing by the Registrar may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum not exceeding the lower of the following:(a) one half of the amount of the maximum fine that is prescribed for the offence; (b) $5,000.[Act 23 of 2019 wef 10/06/2022] (2) The Office may, with the approval of the Minister, make regulations to prescribe the offences which may be compounded. (3) On payment of the sum of money, no further proceedings may be taken against such person in respect of the offence. (4) All sums collected under this section must be paid into the Consolidated Fund.[Act 23 of 2019 wef 10/06/2022]