All sections
Chapter 8 · Penalties & Adjudication
Section 34 - Crediting penalties to the Consolidated Fund
Where penalty sums are directedThis simply says where the money goes.
Download full Act (PDF)In plain English
This simply says where the money goes. Every penalty the Board collects is paid into the Consolidated Fund of India - the Government's principal account. Penalties are a deterrent paid to the State, not compensation to affected individuals.
Key points
- All penalties collected by the Board go to the Consolidated Fund of India.
- Penalties are paid to the State, not as compensation to individuals.
Official section text
Section 34. Crediting sums realised by way of penalties to Consolidated Fund of India.
All sums realised by way of penalties imposed by the Board under this Act, shall be credited to the Consolidated Fund of India.
The exact legal wording is hidden in Easy read to keep things simple. Turn Easy read off in the top bar to see the official Act text, or download the full Act PDF above.