Sri Lanka Consolidated Acts

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State Mortgage And Investment Bank Law (No. 13 of 1975) - Sect 83

Offences

83.
(1) Any person who contravenes or fails to comply with any provision of this Law or of any regulation or rule made thereunder, shall be guilty of an offence and shall, on conviction after trial before a Magistrate, be liable to a fine not exceeding five thousand rupees or to imprisonment of either description for a term not exceeding one year, or to both such fine and imprisonment.
(2) Where an offence under this Law is committed by a body of persons, then-
(a) if that body of persons is a body corporate, every director and officer of that body corporate; or
(b) if that body of persons is a firm, every partner of that firm,


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