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Act
Banning of Unregulated Deposit Schemes Act, 2019
Section number
24
Section reader
24. Punishment for repeat offenders.-
Whoever having been previously convicted of an offence punishable under this Chapter, except the offence under section 26, is subsequently convicted of an offence shall be punishable with imprisonment for a term which shall not be less than five years but which may extend to ten years and with fine which shall not be less than ten lakh rupees but which may extend to fifty crore rupees.
