Section 17A
Compounding of offences
ActRepealedProvision 19 of 32
Section 17A
(1)
The Price Controller or the Deputy Price Controller may compound any offence under this Act or the regulations which is prescribed to be a compoundable offence by accepting from the person reasonably suspected of having committed such offence a sum of money not exceeding such amount as may be prescribed.
(2)
Upon receipt of the payment under subsection (1), no further proceedings shall be taken against such person in respect of such offence and where possession has been taken of any goods or documents, such goods or documents may be released, subject to such conditions as may be imposed.
(3)
The power to compound offences under subsection (1) shall be exercised by the Price Controller or the Deputy Price Controller personally.