shall be deemed to have committed an offense under this Act if he commits any of the following acts:…
(a) acts as a payment system operator or payment service provider without obtaining a license contrary to section 5, (b) If any false or false behavior is mentioned in the documents, information, details or statistics to be submitted to the bank in accordance with sub-section (1) of section 8 or in the documents, information, details or statistics to be submitted to the bank in accordance with this Act, (c) If the service is operated by adding or canceling payment instruments without taking the permission of the bank in accordance with section 14, or if any change is made in the payment system,
(d) If confidentiality is not maintained in accordance with section 28,
(e) In case of damage to the property of the institution,
(f) If there is opposition to the inspection, monitoring or monitoring work done by the bank,
(g) If the instructions given by the bank are not followed or if the conditions specified in the permit are violated,
(h) If doing any other act contrary to the regulations made under this Act, instructions or orders issued by the bank.