(1) If a person knowingly inserts any false matter or causes the insertion of such false matter in any document held in the Fund under this Act, that person shall be liable to the punishment of imprisonment for a term
not exceeding Two years or a fine of up to Two Thousand Rupees or with both punishments, and if the Fund has suffered any loss or damage from the act of that person, the Fund shall also recover the amount of such a loss or
damage from that person.
(2) If any director, administrator or other employee of the Fund takes a contract from the Fund or becomes a partner in a contract with the Fund, such a director, administrator or employee shall be liable to the punishment of
imprisonment for a term not exceeding Two years or a fine of up to Five Thousand Rupees or with both punishments.
(3) If any person obstructs the auditor designated by the Auditor General in the performance of his or her duties or does not provide such document as demanded by him or her pursuant to laws without any reasonable reason,
such a person shall be liable to the punishment of a fine of up to One Thousand Rupees.
(4) If it is found that the employee, having responsibility to deposit the amount in the Fund of the depositor, has not deposited to the Fund, the fine equivalent to the lump-sum amount including the amount to be deposited in
the fund of the depositor as well as the interest payable by the Fund to the depositor shall be imposed to such employee.
(5) The Fund shall, in addition to the fine to be imposed as mentioned in Sub-Section (4), write to the concerned authority for departmental action in accordance with the prevailing law to the employee, who has not deposited
the amount of the depositor to the Fund.