Sri Lanka Consolidated Acts

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Monetary Law (Amendment) (No. 32 of 2002) - Sect 29

Amendment of section 122 of the principal enactment

29. Section 122 of the principal enactment is hereby amended as follows :-
(a) in subsection (2) of that section, by the deletion of all the words from "Every person who is guilty of an offence" to "shall be liable", and substitution of the following words therefor :-
(b) in subsection (2) of that section-
(i) in paragraph (a) thereof, by the substitution for the words "two thousand five hundred rupees" of the words "five hundred thousand rupees," ;
(ii) in paragraph (b) thereof by the substitution for the words "ten thousand rupees" of the words "one million rupees,";
(c) in subsection (2A) of that section by the substitution for the words "three thousand rupees" of the words "five hundred thousand rupees".
(d) in subsection (3) of that section by the substitution for the words "five hundred rupees" of the words "one hundred thousand rupees".

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