Every commanding officer of a ship of the Indian Navy subject to naval law, who,--
(a) by collusion with the enemy taken as prize any vessel, goods or thing; or
(b) unlawfully agrees with any person for the ransoming of any vessel, goods or thing taken as prize; or.
(c) in pursuance of any unlawful agreement for ransoming or otherwise by collusion actually quits or restores any vessel, goods or thing taken as prize;
shall be punished with imprisonment for a term which may extend to two years or such other punishment as is hereinafter mentioned.