TMI BlogPunishment for false information or failure to give information, etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... tion be liable for imprisonment for a term which may extend to two years or with fine which may extend to fifty thousand rupees or both. (2) If any person,- (a) being legally bound to state the truth of any matter relating to an offence under section 3, refuses to answer any question put to him by an authority in the exercise of its powers under this Act; or (b) refuses to sign any statem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ned in clause (c) of sub-section (2), a person who intentionally disobeys any direction issued under section 50 shall also be liable to be proceeded against under section 174 of the Indian Penal Code (45 of 1860).] ------------------------- Notes; 1. Inserted Vide Prevention of Money-laundering (Amendment) Act, 2012, w.e.f. 15-2-2013. - - statute, statutory provis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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