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THE FACTORING REGULATION ACT, 2011 · OFFENCES AND PENALTIES

Section 23 — Offences

If any person contravenes or attempts to contravene or abets the contravention of the provisions of this Act or of any rules made thereunder, for which no specific penalty has been provided for, he shall be punishable with imprisonment for a term which may extend to one year, or with fine, or with both.