Penalty for receiving prohibited cash: liability equal to the receipt subject to proof of good reasons and administrative imposition. A new provision makes receipt of sums contrary to the cash transaction prohibition subject to a penalty equal to the amount received, subject to proof of ... Summary
Penalty for receiving prohibited cash: liability equal to the receipt subject to proof of good reasons and administrative imposition.
A new provision makes receipt of sums contrary to the cash transaction prohibition subject to a penalty equal to the amount received, subject to proof of good and sufficient reasons for the contravention, and provides that the penalty shall be imposed by the Joint Commissioner.
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