(1)

Whoever-

(a) contravenes any order made under section 14 or any condition subject to which a license is granted under that section; or

(b) contravenes any rule made under section 17 or any requirement, prohibition or restriction imposed under any such rule; or

(c) obstructs any person authorised by the Central Government under sub-section (4) of section 17 in the exercise of powers under that sub-section; or

(d) contravenes sub-section (2) of section 18, shall be punishable with imprisonment for a term which may extend to five years, or with fine, or with both.

(2)

Whoever-

(a) fails to comply with any notice served on him under section 5 or with any terms and conditions that may be imposed on him under that section; or

(b) fails to comply with any notice served on him under section 7 or knowingly makes any untrue statement in any return or statement made in pursuance of any such notice; or

(c) obstructs any person or authority in the exercise of powers under section 8 or 9; or

(d) contravenes any other provision of this Act or any order made thereunder, shall be punishable with imprisonment for a term which may extend to one year, or with fine, or with both.