# The Chit Funds Act, 1982, Section 77: Penalty for second and subsequent convictions

- Act: The Chit Funds Act, 1982 (Act 40 of 1982)
- In force from: 1984-04-02
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/chit-funds-act-1982/section/77/

## Text

If any person convicted of an offence under sub-section (1) or sub-section (3) of section 76 is again convicted of an offence under any of the said sub-sections he shall be punishable for the second and for every subsequent offence with imprisonment for a term which may extend to two years and shall also be liable to fine.

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