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(1) A person shall not import into or export from the Republic fish in commercial quantity, unless that person has been granted a permit by the Minister on the advice of the Council.

(2) A permit granted under subsection (1) shall be in the form and be subject to the conditions determined by the Minister.

(3) A person who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine of not less than $50,000 or more than $1 million or the value of the fish in American dollars, whichever is greater.

(4) Where by a permit or an authorisation a person is permitted to export tuna or any other marine products originating from the country or the fishery waters, that person shall repatriate the foreign exchange obtained from the export in accordance with the Exchange Control Act, 1961 (Act 71).

(5) A person who contravenes subsection (4) commits an offence and is liable on summary conviction to a fine not exceeding three times the value of the export or not exceeding $2 million whichever is greater or to a term of imprisonment not exceeding two years.