4. Amendment of section 4 of the principal enactment,

Section 4 of the principal enactment is hereby amend-ed in subsection (1) of that section by the repeal of para-graph (iv) of that subsection, and the substitution therefor, of the following paragraph :—

“ (iv) The person by whom the trust receipt was execut-

~ ed shall, if he commits a breach or fails to comply with ony undertaking referred to in subsection (2)

or subsection (3) of section 2, or in subsection (2)

of section 3, as the case may be, being an under-taking contained in the trust receipt, be guilty of an offence and shall on conviction after summary of new trial before a Magistrate be liable to imprisonment of either description for a term not exceeding three years or to a fine not less than the amount of the money stated in the trust receipt to be due or to become payable thereunder to the agency and not exceeding three times that amount. ”.