Prohibition against overselling

(1) The developer shall ensure that the timeshare rights in respect of any timeshare units sold by the developer or by the developer’s sales agents are not oversold. (2) Any developer who contravenes subsection (1) of this section, commits an offence and shall be liable on summary conviction to a fine not exceeding five thousand dollars, or to imprisonment for a term not exceeding one year, or to both such fine and term of imprisonment.