RESTRICTION ON TRANSFER OF ASSETS ACT - 1970 (ACT 323)

    Section - 3 - Penalty for Contravention.

    Any person who contravenes any of the provisions of this Act or the terms imposed in any Gazette notice published pursuant to the provisions of this Act shall be guilty of an offence and shall on conviction be liable to a fine not exceeding Nc10,000 or a term of imprisonment not exceeding three years or both, and shall also be liable to a fine not exceeding Nc100 in respect of each day on which the offence continues.