Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Finance Act (No. 11 of 1963) - Sect 73

Power of Bank to call for returns

93.
(1) The Chairman of the Board of Directors of the Bank or any other person authorized in that behalf by such Chairman may, by notice in writing, direct any person to furnish before a specified date to the Bank or to such officer thereof as may be specified In the notice-
(a) a return in the prescribed form containing the prescribed particulars relating to any such premises as are referred to in section 71 of which that person is, or was at any time, the owner; or
(b) such information or explanation as the Bank may require in respect of any particulars stated in any return furnished by that person; or
(c) such documentary or other evidence as the Bank may require for the purpose of verifying any particulars stated in any return or any information furnished by that person.
(2) Where any person has a plan of any premises referred to in section 71, the Chairman of the Board of Directors of the Bank or any other person authorized in that behalf by such Chairman may by written notice direct that person to produce the plan before a Specified date to such Officer of the Bank as is specified in the notice in order that the Bank may verify the boundaries and extent of those premises.
(3) Any notice required to be given to any person under the preceding provisions of this section shall be deemed to be given to him if such notice-
(a) has been sent through the post by registered letter to his residence or place of business or to his agent; or
(b) has been affixed to a conspicuous part of such residence or place; or
(c) in a case where such person is on the date of issue of such notice the owner of the premises to which such notice relates, has been sent through the post by registered letter to the occupier of such premises or has been affixed in a conspicuous part of a building, or to a tree or post in a conspicuous place, on such premises.
(4) Any person-
(a) who contravenes any requirement of any notice given to him under this section; or
(b) who, when required to furnish a return or any information or explanation, or evidence, knowingly furnishes a return containing any particulars which are false or any information, explanation or evidence which is false,
shall be guilty of an offence and shall, on conviction after summary trial before a Magistrate, be liable to a fine not exceeding five hundred rupees.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]