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(1) Any person who buys or sells gold without a licence granted under this law or without a valid authority granted under an enactment for the time being in force shall be guilty of an offence and shall on conviction be liable to a fine not exceeding ₵5 million or to imprisonment for a term not exceeding five years or to both.

(2) Any person who -

(a) without a licence granted by the Secretary undertakes any small-scale gold mining operation contrary to subsection (1) of section 1 of this Law; or

(b) acts in contravention of any other provision of this Law in respect of which an offence has not been prescribed, shall be guilty of an offence and shall on conviction be liable to a fine not exceeding c2 million or to imprisonment for a term not exceeding 2 years or to both.

(3) A court before which any person is convicted under this Law may in addition to any penalty that it may impose order the forfeiture to the State of the gold or other mineral in respect of which the offence was committed.

(4) Where an alien is convicted of an offence under this Law he shall after paying the fine or serving any imprisonment imposed on him, be liable to deportation under section 13 of the Aliens Act, 1963 (Act 160).