Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsPenalties
| 402. Where any company to which this Part applies fails to comply with any of the preceding provisions of this Part, the company, and every officer or agent of the company, who knowingly and wilfully authorizes or permits such default shall be guilty of an offence and shall be liable to a fine not exceeding five hundred rupees, or in the case of a continuing offence two hundred and fifty rupees for every day during which the default continues. |