27.—(1) The Board may compound any offence under this Act or the regulations 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.[47/2017]
(2) On payment of the sum of money, no further proceedings are to be taken against that person in respect of the offence.[47/2017]
(3) All sums collected under this section must be paid into the Consolidated Fund.[47/2017]
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