Section 48. Application of fines

48. Application of fines .—A court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards the rewarding of the person on whose information the fine is recovered. 1. Subs. by Act 61 of 1981, s. 61 and Sch. II, for "the Reserve Bank" (w.e.f. 12-7-1984). 2. Subs. by Act 1 of 1984 s. 39, for certain words (w.e.f. 15-2-1984). 3. Ins. by Act 58 of 1968, s. 17 (w.e.f. 1-2-1969). 4. Subs. by Act 4 of 2013, s. 12, for "sub-section (3) or sub-section (4)" (w.e.f. 18-1-2013). 5. Subs. by s. 12, ibid ., for sub-clauses (a) and (b) (w.e.f. 18-1-2013). 6. Subs. by Act 20 of 1994, s. 10, for sub-sections (2) and (3) (w.e.f. 31-1-1994).