Central Act

77

Section 77. Penalty for second and subsequent convictions.

The Chit Funds Act, 1982

In forceAll India (Central Act)

77. Penalty for second and subsequent convictions. If any person convicted of an offence under sub-section (1) or sub-section (3) of section 76 is again convicted of an offence under any of the said sub-sections he shall be punishable for the second and for every subsequent offence with imprisonment for a term which may extend to two years and shall also be liable to fine.