Section 15

Composition of offences. Repealed

The Emergency Risks (Goods) Insurance Act, 1971

  • Act 50 of 1971
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to make certain provisions for the insurance of goods in India against damage arising from emergency risks and matters connected therewith or incidental thereto.

All sections
    Any offence punishable under sub-section (2) of section 7, or sub-section (2) of section 9 may, either before or after the institution of the prosecution, be compounded by the Central Government or by any authority authorised in this behalf by the Central Government, on payment for credit to the Fund of such sum as the Central Government or such authority, as the case may be, thinks fit.
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