28. The following new section is hereby inserted immediately after section 50, and shall have effect as section 50A of the principal enactment:
| 50A.
| | (1) Where any goods imported Sri Lanka have been
| | | (a) exempted from the payment of customs duties or other dues chargeable on their importation or charged with customs duty at reduced rate, subject to any conditions stipulated In that behalf; or |
| (b) allowed into Sri Lanka, under any other law subject to any conditions to be fulfilled after their importation, |
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| | (2) If such goods are not at the time of forfeiture in the possession of the person in whose name such goods were imported, then such person shall forfeit a sum not exceeding three times the value of such goods as at the time of their importation. | | |
| | (3) The provisions of this section shall apply whether or not any undertaking or security has been given under any other provisions of this Ordinance for compliance with the conditions stipulated or for the payment of the duty payable and the forfeiture of any goods under this section shall not affect any liability of any person who has given any such undertaking or security.". | | |
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Sri Lanka Consolidated Acts