Amendment status not verified — confirm the current text below against the official source.
(2) Whenever confiscation of any goods or conveyance is authorised by this Act, the officer adjudgingit shall give to the owner of the goods an opµon to pay in lieu of confiscation, such fine as the said officer thinks fit: Provided that such fine leviable shall not exceed the market value of the goodsconfiscated, less the tax chargeablethereon: Provided further that the aggregate of such fine and penalty leviable shall not be less than the amount of penalty leviable under sub-section (1) of section 129: Provided also that where any such conveyance is used for the carriage of the goods or passengers for hire, the owner of the conveyance shall be given an option to pay in lieu of the confiscation of the conveyance a fine equal to the tax payableon the goodsbeing transported thereon. (3) Where any fine in lieu of confiscation of goods or conveyance is imposedunder sub-section (2), the owner of such goods or conveyance or the person referred to in sub-section (I), shall, in addition, be liable to any tax, penalty and charges payablein respect of such goods or conveyance. . Confiscation of goodsor conveyances arid levyof penalty. 2ofl974 129 (4) No orderfor confiscation ofgoods1orfc::onveyarlce or for imposition of penalty shall be' issu.edwithou.t givi11g1the pef5'41f an opportunit)t.ofbeing'l?d. · . ., ., - ? . .i:: ? ;: {_i:J i.,.; (5) Where any goods or COllVCfaI!£C: .. are confiscated under this . Act, the title· of sudf; ? or conveyance shall thereuponvest in the ?t ('6) The proper· officer adjudging confiscation shaH .take and· hold possession of the things.eenfiscated and every officer of.Police,()ll_tbetffi!llisiµQn of ?uch proper officer, shall assist him in takingari<i;lioldl.ngrsuch .possession. (7) Theproper rifficer m?. ?r ?ti,Lj,ing ,hµnsel(th.at. the confiscated goods or. conveyance.are not .. required..•in any other proceedingsunder this Act and after giving reasonable ·time··not·· exceed.ing'threemonths to pay fine in lieu of confiscation, dispose ,of such goods or conveyance and deposit the sale proceedsthereof with the Government