Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 2004) - Sect 25

Offences and penalties

25.
(1) Every licensee-
(a) who contravenes or fails to comply with any of the provisions of this Part of this Act or any regulation made thereunder ; or
(b) fails to comply with any direction or order given or made under this Part; or
(c) knowingly furnishes or causes to be furnished any false information under any requirement to furnish information in terms of this Part,
(2) Where an offence under this Part of this Act is committed by a body of persons, then"
(a) if that body of persons is a body corporate, every director or officer of that body corporate ; or
(b) if that body of persons is a firm, every partner of that firm,


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