Section 29:
Competent Authority to be informed of offences.
The police officer shall, on recording
information about the commission of an offence under this Act, inform the same to the Competent
Authority.
Notes:
Act Number: 21
Act Name: The Banning of Unregulated Deposit Schemes Act, 2019
Year: 2019
Enactment Date: 2019-07-31
Long Title: An Act to provide for a comprehensive mechanism to ban the unregulated deposit schemes, other than deposits taken in the ordinary course of business, and to protect the interest of depositors and for matters connected therewith or incidental thereto.
Ministry: Ministry of Finance
Department: Department of Financial Services