Section 124: Punishment

1) Whoever commits any of the offences referred to in Section 122 shall be liable to the following punishments:

(a) For commission of the offences referred to in clauses (a), (c), (m) and (q), an imprisonment up to one year and a fine up to one hundred thousand rupees,

(b) For commission of the offence referred to in clause (l), an imprisonment up to two years and a fine up to two hundred thousand rupees,

(c) For commission of the offence referred to in clause (b), a fine equal to the claimed amount and imprisonment up to three years,

(d) For commission of the offences referred to in clauses (d), (e), (f) and (g) (h), (i), (j), (k), (o) and (p); the claimed amount shall be recovered, and equal amount shall be fined and following amount of imprisonment shall be imposed:

(1) If the claimed amount is up to one million rupees, imprisonment up to one year,

(2) If the claimed amount is above one million rupees and up to five million rupees, imprisonment from two to three years,

(3) If the claimed amount is above five million rupees and up to ten million rupees, imprisonment from three to four years,

(4) If the claimed amount is above ten million rupees and up to one hundred million rupees, imprisonment from four to six years,

(5) If the claimed amount is above one hundred million rupees and up to one billion rupees, imprisonment from six to eight years,

(6) If the claimed amount is whatsoever amount above one billion rupees, imprisonment from eight to ten years,

(e) For commission of the offence referred to in clause (n), an imprisonment of up to ten years.

2) Whoever attempts, abets, or assists to commit any offence referred to in Section 122 shall be liable to half of the punishment the offender in the first degree is liable to.

3) In case any Organisation or Association abets or assists in committing any offence referred to in Section 122, the chief executive or official or the person working in the capacity of an executive shall be liable to the punishment according to this Act.