Repealed or not in force · As amended up to 2026-08
74. Any person who, in relation to any gold does or omits to do any act which act or omission would render such gold liable to confiscation under this Act, or abets the doing or omission of such an act, or is in charge of the conveyance or animal which is liable to confiscation under this Act, shall be liable to a penalty not exceeding five times the value of the gold or one thousand rupees, whichever is more, whether or not such gold has been confiscated or is available for confiscation.
I omitted by Act 21 of 1971, s. 3 (retranspectively)
Confiscation of conveyances.
Power to give option to pay fine in lieu of confiscation.
Liability to penalty.
304 Gold (Control) [Act 45
Penalties for contravention, etc., not expressly mentioned.
Reference to gold to be construed as reference to gold of any purity.
Confiscation or penalty not to interfere with other punishments.
Source: India Code