Amendment status not verified — confirm the current text below against the official source.
Penalty.— (1) Whoever contravenes any of the provisions of this Act or of the rules made thereunder or the terms and conditions of a licence, shall be liable, on conviction, to payment of fine of rupees 11[twenty five] thousand for the first such offence, and fine of rupees 12[fifty] thousand and/or imprisonment of six months for every subsequent offence. (2) An offence under this Act shall be cognizable. -6-