(1) It shall not be lawful for a small public service vehicle to be used as a street service vehicle in a fare bye-law area unless there is exhibited in such vehicle in such place and manner as shall be directed by the fare bye-law in force in such place a notice in such form and of such material as shall be directed by such fare bye-laws stating the fares fixed by such fare bye-laws in respect of such vehicle.
(2) Whenever a mechanically propelled vehicle is used in contravention of this section the owner of such vehicle shall be guilty of an offence under this section and shall on summary conviction thereof be liable to a fine not exceeding two pounds,