Penalties and enforceability of transactions

(1) Any person who contravenes any provision of this Part shall, on being called upon in writing by the Central Bank, pay a fine not exceeding twenty-five thousand dollars for each day of such failure to comply. (2) Nothing in this Part shall be deemed to prevent a licensee from enforcing any transaction referred to therein against any person who is a party thereto or against whom it could have been otherwise enforced. Financial Statements. Reports and Auditors