Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka. Act (No. 2 of 2005) - Sect 77

Offences

77.
(1) Any person who contravenes or fails to comply with any provision of this Act shall be guilty of an offence and shall, on conviction after summary trial before a Magistrate, be liable to a fine not exceeding five thousand rupees or to imprisonment of either description for a term not exceeding one year or to both such fine and imprisonment.
(2) Where an offence under this Act is committed by a body of persons, then,-
(a) if that body of persons is a body corporate, every director and officer of that body corporate ; or
(b) if that body of persons is a firm, every partner of that firm.


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