Penalty for accepting loans, deposits or specified sums contravening cash-receipt restrictions now equates to the amount accepted. The amendment adds specified sum to the scope of prohibited receipts so that any person accepting a loan, deposit or specified sum in contravention of the cash-receipt prohibition is liable to pay a penalty equal to the amount so accepted.
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Provisions expressly mentioned in the judgment/order text.
Penalty for accepting loans, deposits or specified sums contravening cash-receipt restrictions now equates to the amount accepted.
The amendment adds specified sum to the scope of prohibited receipts so that any person accepting a loan, deposit or specified sum in contravention of the cash-receipt prohibition is liable to pay a penalty equal to the amount so accepted.
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