Section 8: Penalty
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
8. Penalty
(1) Any person who—
(a) commits an offence under this Part; or
(b) disposes or otherwise deals with property subject to a forfeiture
order under subsection (2),
shall, on conviction, be liable to a fine not exceeding 2 million rupees and to
penal servitude for a term not exceeding 10 years.
(2) Any property belonging to or in the possession or under the control of
any person who is convicted of an offence under this Part shall be deemed,
unless the contrary is proved, to be derived from a crime and the Court may,
in addition to any penalty imposed, order that the property be forfeited.
(3) Sections 150, 151 and Part X of the Criminal Procedure Act and the
Probation of Offenders Act shall not apply to a conviction under this Part.
PART III – THE FINANCIAL INTELLIGENCE UNIT