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Union of India - Section

Section 73 in Gold (Control) Act, 1968

73. Power to give option to pay fine in lieu of confiscation.

- Whenever any confiscation is authorised by this Act, the Officer adjudging it may, subject to such conditions as may be specified in the order adjudging the confiscation give to the owner thereof an option to pay in lieu of confiscation such fine, not exceeding [* * *] [Omitted 'twice' by Act 21 of 1971] the value of the thing in respect of which confiscation is authorised, as the said officer thinks fit.