A person who contravenes a mandatory provision of this Act for which a penalty is not provided commits an offence and is liable on summary conviction to a fine not exceeding

(a) $500,000 where the offender is or the offence is committed in relation to a foreign fishing vessel,

(b) $100,000 where the offender is or the offence is committed in relation to a local industrial or semi-industrial fishing vessel, or

(c) five hundred penalty units in any other case, and in addition the catch, fishing gear or any other apparatus or a combination of them involved in the commission of the offence may be forfeited and the fishing licence may be cancelled or suspended for a specified period.