If I may, there's another consideration that I want to add to that question.
I was trying to understand this at the time I read it, and I think I understand it now.
Here's the other confusing rub. Clause 55 says:
Only an individual who is unwilling though able to pay a fine or the amount of a victim surcharge imposed in respect of a conviction referred to subsection 53(1) or a fine imposed in respect of a conviction referred to in section 54 may be imprisoned in default of its payment.
Here's the irony now, and I think I'm reading this properly. A person who can't pay the fine because they're impoverished can't even serve the sentence, because this section says the only people who can be in prison for default of payment are those who are able to pay but won't. So, an indigent person can't pay the fine, so they can't get the benefit of record-sealing—for lack of a better word—and they can't serve the jail sentence, because only people who are able to pay are able to be imprisoned. So an indigent person would have no way of having their criminal record treated the same way as someone who can afford to pay, or ironically, someone who can afford to pay but won't. That can't be the intention of the legislation or part of it.