Variation of penalty orders now expressly permits increasing or decreasing penalties under the Black Money Act. The amendment substitutes wording in section 17(1)(b) of the Black Money Act to permit authorities to vary a penalty order either to enhance or reduce the penalty, establishing an explicit statutory power to modify existing penalty orders in both directions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Variation of penalty orders now expressly permits increasing or decreasing penalties under the Black Money Act.
The amendment substitutes wording in section 17(1)(b) of the Black Money Act to permit authorities to vary a penalty order either to enhance or reduce the penalty, establishing an explicit statutory power to modify existing penalty orders in both directions.
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