Section 15: Penalties. 7 of 1944.

(1) Any person who contravenes any provision of this Act shall be liable on conviction to a fine not exceeding N2,000 or to imprisonment for two years or to both such fine and imprisonment and on a second or any subsequent conviction to a fine not exceeding N4,000 or to imprisonment for five years or to both such fine and imprisonment and in addition the court may, on any conviction, declare that all or any part of any raw gold with respect to which the offence was committed shall be forfeited to Government.
(2)
The jurisdiction conferred upon the court by subsection (1) of this section may be exercised by a magistrate:
Provided that the magistrate shall not-
[7 of 1944.]
(a) impose any penalties in excess of the maximum penalties which he is empowered to impose generally in criminal cases; or
(b) declare to be forfeited raw gold of a value in excess of his maximum jurisdiction in criminal matters.