Whoever contravenes any provision of this Act or of any rules made thereunder shall on conviction by a Magistrate be punishable with a fine not exceeding five hundred rupees.

Offences under the Act to be cognizable and compound-able A. Offences under the Act to be cognizable and compound-able:— Notwithstanding anything contained in the Code of Criminal Procedure, 1898 (5 of 1898)—

1. (a) every offence under this Act shall be cognizable; and
2. (b) every such offence may, with the permission of the Court, be compoundable.