Penalty for omission to comply with provisions of section 28

Any person who, with intent to defraud the Government,— (a) executes any instrument in which all the facts and circumstances required by section 28 to be set forth in such instrument are not fully and truly set forth; or (b) being employed or concerned in or about the preparation of any instrument, neglects or omits fully and truly to set forth therein all such facts and circumstances; or 1[(c) makes any false statement or does any other act calculated to deprive the Government of any duty or penalty under this Act,]1 shall be punishable with fine which may extend to 1[five times the amount of the deficient duty thereof]1. 1. Substituted by Act 24 of 1999 w.e.f. 18.8.1999.

1. (a) executes any instrument in which all the facts and circumstances required by section 28 to be set forth in such instrument are not fully and truly set forth; or
2. (b) being employed or concerned in or about the preparation of any instrument, neglects or omits fully and truly to set forth therein all such facts and circumstances; or 1[(c) makes any false statement or does any other act calculated to deprive the Government of any duty or penalty under this Act,]1 shall be punishable with fine which may extend to 1[five times the amount of the deficient duty thereof]1.

¹ Substituted by Act 24 of 1999 w.e.f. 18.8.1999.