104. Whoever, in any return, report, certificate, balance-sheet or other document, required by or for the purposes of any of the provisions of this Act, wilfully makes a statement false in any material particular, knowing it to be false, shall be punishable with imprisonment for a term which may extend to three years, or with fine which may extend to 1[ten thousand Taka], or with both.
1
The words “ten thousand Taka” were substituted for the words “one thousand Taka” by section 15 of the Insurance (Amendment) Ordinance, 1984 (Ordinance No. L of 1984)
