Section 44 — Penalty

Statute text

If a company licenced under section 42 or any of its
officers makes default in complying with any of the requirements of sections 42
and 43 or the rules or regulations or the terms or conditions to which the licence is
subject or any directions contained in a revocation order, it shall without prejudice
to any other action be punishable by a penalty not exceeding of level 2 on the

standard scale.

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