Travel Agents Act · s 14

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14.
(1) Any licensee who-
(a) fraudulently converts to his own use or to the use of any other person -
(i) any moneys, or any part of any moneys, received by him on behalf of any person in respect of any transaction in his capacity as a travel agent; or
(ii) any moneys, or part of any moneys, so re-ceived which are held by him in trust pending the completion of any transaction;
(b) fraudulently omits to account for, deliver or pay
(i) any such moneys or any part thereof so re-ceived by him on behalf of any person to such person; or
(ii) any such moneys or any part thereof so re-ceived by him which are or were held by him in trust as aforesaid pending the completion of the transaction to the person or persons enti-tled to such moneys; or
(c) fraudulently renders an account knowing such account to be false in any material particu-lars-
(i) of any such moneys or any part thereof so received by him on behalf of any person;

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(ii) of any moneys so received by him which are or were held by him in trust pending the comple-tion of any transaction or any part of such moneys; or
(iii) of expenses, commission or other" charges in-cidental to any transaction or proposed or contemplated transaction as a travel agent, shall be guilty of an offence: Penalty, imprisonment for 3
years.
(2) Nothing contained in this section shall be so con-strued as to limit or in any way affect the provisions of any other written law.
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s 14

(1)

Any licensee who-

(a)

fraudulently converts to his own use or to the use of any other person -

(i)

any moneys, or any part of any moneys, received by him on behalf of any person in respect of any transaction in his capacity as a travel agent; or

(ii)

any moneys, or part of any moneys, so re-ceived which are held by him in trust pending the completion of any transaction;

(b)

fraudulently omits to account for, deliver or pay

(i)

any such moneys or any part thereof so re-ceived by him on behalf of any person to such person; or

(ii)

any such moneys or any part thereof so re-ceived by him which are or were held by him in trust as aforesaid pending the completion of the transaction to the person or persons enti-tled to such moneys; or

(c)

fraudulently renders an account knowing such account to be false in any material particu-lars-

(i)

of any such moneys or any part thereof so received by him on behalf of any person;

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(ii)

of any moneys so received by him which are or were held by him in trust pending the comple-tion of any transaction or any part of such moneys; or

(iii)

of expenses, commission or other" charges in-cidental to any transaction or proposed or contemplated transaction as a travel agent, shall be guilty of an offence: Penalty, imprisonment for 3

years.

(2)

Nothing contained in this section shall be so con-strued as to limit or in any way affect the provisions of any other written law.

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