| 2.—(1) No person shall import any goods specified in the Schedule except under a licence issued by the Director-General. [S 171/2003 wef 01/04/2003] (2) Any person who contravenes this regulation shall be guilty of an offence and shall be liable —| (a) | on the first conviction to a fine not exceeding $100,000 or 3 times the value of the goods in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 2 years or to both; and | | (b) | on the second or subsequent conviction to a fine not exceeding $200,000 or 4 times the value of the goods in respect of which the offence was committed, whichever is the greater, or to imprisonment for a term not exceeding 3 years or to both. |
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