(1) For the purpose of this section, trade by air or by sea, from one part of the country to another part of the country is coasting trade, and an aircraft or ship used in that manner is considered to be a coasting aircraft or coasting ship.

(2) The loading, unloading and movement of goods under this section is subject to Regulations made under this Act and to conditions that the Commissioner-General may impose.

(3) Where goods are loaded, unloaded, conveyed or dealt with contrary to the Regulations or conditions that the Commissioner-General may impose the goods are liable to forfeiture and the master of the aircraft or ship shall incur a penalty equal to one hundred percent of the value of the goods.