Penalty

Any person who contravenes any of the provisions of this Act or the scheme made thereunder shall, on conviction, be punishable with imprisonment which may extend to six months or with fine which may extend to five thousand rupees or with both. The Board may, from time to time, with the previous approval of the Government and subject to such terms and conditions as may be specified by the Government, borrow money for the purposes of the scheme. The Government may, by notification in the Gazette, add to, amend or vary the scheme either prospectively or retrospectively.