Question: Recently, Sri-Lankan Parliament approved the amendments in the Foreign Fisheries Boats Regulating Act. Maximum penalty of that can be imposed on foreign boats under this sanction is-
(a) 12 million Sri Lankan rupees
(b) 1.45 million Sri Lankan rupees
(c) 15.5 million Sri Lankan rupees
(d) 17.5 million Sri Lankan rupees
Answer: (d)
Related Facts:
- In January 2018, the Parliament of Sri Lanka approved amendments to the ‘Foreign Fisheries Boats Regulating Act’.
- Under this sanction, Sri Lanka has increased the penalty on overseas boats fishing in their water belt almost a hundredfold.
- According to Sri Lankan Fisheries and Marine Resources Development Minister Mahindra Amaraveer earlier the penalty was of 15 lakh Sri Lankan rupees, which has been increased to a minimum of six million Sri Lankan rupees.
- The maximum penalty amount will be 17.5 crores Sri Lankan rupees.
Reference:
http://www.firstpost.com/firstcricket/sports-news/sri-lanka-increases-fine-on-illegal-fishing-to-lkr-1-75-to-prevent-foreign-vessels-from-entering-lankan-waters-4322301.html
http://www.colombopage.com/archive_18A/Jan23_1516682503CH.php
http://www.livemint.com/Politics/AR22ouSTeay9Lw4Klzge5M/Sri-Lanka-proposes-fine-of-up-to-Rs17-crore-on-foreign-boats.html
http://www.business-standard.com/article/pti-stories/heavy-fine-on-foreign-vessels-for-fishing-in-lankan-waters-118012600786_1.html