You are viewing the translated version of सम्पत्ति शुद्धीकरण तथा आतङ्कवादी कृयाकलापमा वित्तीय लगानी गर्नेलाई सजाय.
Section 30
Punishment for money laundering and financial investment in terrorist activities
(1) A person who commits an offense related to money laundering mentioned in sub-section (1) of section 3 shall be fined twice as much and imprisoned for two years to ten years depending on the seriousness of the offence. (2) Conspiracy among the offenses related to money laundering mentioned in sub-section (2) of section 3 The person who commits the offense shall be punished according to sub-section (1) and the person who commits other offenses shall be punished with half of the punishment mentioned in sub-section (1). Failure to disclose shall be punishable with a fine of up to one crore rupees and imprisonment for a term of three years to twenty years depending on the seriousness of the offence. (5) If a legal person or a person using it commits any offense related to money laundering or financial investment in terrorist activities, the person, officer or employee who commits such offense shall be punished under sub-section (1), (2), (3) or (4). ) will be punished according to. If any offense related to financial investment in terrorist activities is committed, such person shall be punished with an additional ten percent of the punishment mentioned in subsection (1), (2), (3) or (4). (8) Any legal person commits any offense related to money laundering or financial investment in terrorist activities. If such legal person commits an offence, regardless of what is written in the prevailing law, any or all of the following punishments will be imposed depending on the seriousness of the offence:- (a) Fine up to five times the fine that may be imposed under sub-section (1), (2), (3) or (4), (b) prohibiting public procurement for a specified period, (c) prohibiting the purchase of products or services for a specified period(d) pay compensation for damages, (e) cancel the license or permit, or (f) cancel such legal person. (9) Except as provided in subsections (1) to (8), no person under this Act or this Act shall In case of violation of the rules, if the bago is opened, the bago will be confiscated and fined as per the above, and if the bago is not opened, the bago will be fined up to ten lakh rupees.