6.
(1) Any person who ahs deposited any moneys in any such special accounts as is referred to in section 3 may withdraw the balance amount lying to his credit in such special account after the expiration of a period of two years from the date on which he made the deposit: |
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(2) Where any person who withdraws after the period of one month from the date on which he has made the deposit, any moneys lying to his credit in any such special account as is referred to in section 3, for any of the purposes specified in the provision to subsection (1), fails to apply such moneys for the purpose for which such moneys were withdrawn, such person shall be guilty of an offence under this Act and shall on conviction after summary trial before a Magistrate, be liable to a fine of an amount equal to the moneys withdrawn and an amount not exceeding one hundred thousand rupees. |
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(3) Where any person withdraws after the expiration of a period of one month from the date on which he made the deposit, any moneys lying to his credit in any such special accounts as is referred to in section 3, for any of the purposes specified in the provision to subsection (1), the Bank shall cause to be transmitted to the Commissioner-General, the details regarding every such withdrawal. |
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