Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsCompounding of offences
| 20. The Controller, in consultation with the Governor of the Central Bank of Ceylon or a person deputed by him, may compound an offence committed under section 18 (b) by accepting from the offender the sum of foreign exchange which he has failed to remit to Ceylon under the agreement or a sum in Ceylon rupees not exceeding three times the value of such foreign exchange. |