(1) If a person or a group of persons including the examination authority
or service provider or any other institution commits an organised crime, he shall be punished with
imprisonment for a term not less than five years but which may extend to ten years and with fine
which shall not be less than one crore rupees. In case of default of payment of fine, an additional
punishment of imprisonment shall be imposed as per the provisions of the Bharatiya Nyaya Sanhita,
2023 (45 of 2023):
Provided that until the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) is brought into force, the provisions of the Indian Penal Code (45 of 1860), shall be applicable in place of the said Act.
(2) If an institution is involved in committing an organised crime, its property shall be subjected to attachment and forfeiture and proportionate cost of examination shall also be recovered from it.
Provided that until the Bharatiya Nyaya Sanhita, 2023 (45 of 2023) is brought into force, the provisions of the Indian Penal Code (45 of 1860), shall be applicable in place of the said Act.
(2) If an institution is involved in committing an organised crime, its property shall be subjected to attachment and forfeiture and proportionate cost of examination shall also be recovered from it.