Penalties.

Any person— (a) establishing or maintaining a private market for which a licence has not been granted under section 123, (b) opening or keeping open a private market for which the licence has been suspended or cancelled under section 124, shall be punishable with fine which may extend to one hundred rupees and if the breach is a continuing one, with further fine which may extend to ten rupees, for every day after the first during which the breach is proved to have been persisted in.