Application of procedure for enforcing fines

Where the court orders a person to pay an amount under section 54, that amount shall be treated as if it were a fine imposed upon him in respect of a conviction for an offence, and the Court shall– (a) notwithstanding any other law, impose in default of the payment of that amount, a term of imprisonment– (i) of one year, where the amount does not exceed one thousand dollars; 116[CAP. 104 Money Laundering and Terrorism (Prevention) (ii) of two years, where the amount exceeds one thousand dollars but does not exceed three thousand dollars; or (iii) of three years, where the amount exceeds three thousand dollars; (b) direct that the term of imprisonment imposed pursuant to paragraph (a) be served consecutively to any form of imprisonment imposed on that person, which that person is then serving; or (c) direct that the rules regarding the remission of sentences of prisoners serving a term of imprisonment or the rules regarding the release on parole shall not apply in relation to a term of imprisonment, imposed on a person pursuant to paragraph (a).