28. —Section 7 of the Act of 1998 is amended by substituting for subsection (1) the following:

“(1) A person guilty of an offence—

(a) under section 39, 47, 50 is liable—

(i) on summary conviction, to a fine not exceeding €3,000 or to imprisonment for a term not exceeding 6 months, or both, or

(ii) on conviction on indictment, to a fine not exceeding €250,000, or to imprisonment for a term not exceeding 2 years, or to both,

or

(b) under any other provision of this Act is liable on summary conviction to a fine not exceeding €3,000 or to imprisonment for a term not exceeding 3 months, or both.”.