Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsOffence of soliciting Insurance business on behalf of unauthorized persons
| 72. Any person who solicits or procures in Ceylon insurance business of any class, or makes any offer referred to in paragraph (b) of section 84 (2) with the object of effecting any contract of insurance of any class, for or on behalf of a person not being an insurer duly authorized under this Act to carry on insurance business of that class, shall be guilty of an offence and shall, on conviction after summary trial before a Magistrate, be liable to a fine not exceeding one thousand rupees or to imprisonment of either description for a term not exceeding six months or to both such fine and imprisonment. |