Licence to possess ancient monument or antiquity

(1) Subject to this Act, no person shall possess or have in his custody any ancient monument or antiquity except under a licence in writing granted by the Director in the prescribed form. (2) Any person who contravenes sub-section (1) of this section, commits an offence and is liable on summary conviction to a fine not exceeding ten thousand dollars or to imprisonment for a term not exceeding five years, or to both such fine and term of imprisonment, and in addition, any such ancient monument or antiquity shall be forfeited to the State.