18. Section 58 of the Telecommunications Act is amended by inserting, immediately after subsection (5), the following subsection:
“(5A) Any telecommunication licensee who contravenes subsection (5) shall be guilty of an offence and shall be liable on conviction —
to a fine not exceeding the higher of the following amounts:
10% of the annual turnover of that part of its business in respect of which it is granted the licence, as ascertained from its latest audited accounts; or
$1 million; and
in the case of a continuing offence, to a further fine not exceeding $100,000 for every day or part thereof during which the offence continues after conviction.”.