Section 34: Crediting sums realised by way of penalties to Consolidated Fund of India
Simple Explanation
Section 34 states that all penalty money collected by the Board goes to the Consolidated Fund of India, the government's main bank account. This means penalties are not retained by the Board but become part of the national treasury, ensuring the Board's regulatory actions are not motivated by revenue generation.
Key Points
- ✓All penalty amounts go to the Consolidated Fund of India
- ✓Board does not retain penalty revenue
- ✓Ensures regulatory independence from revenue motives
Official Text (Summary)
All sums realised by way of penalties imposed by the Board under this Act shall be credited to the Consolidated Fund of India.
Source: The Digital Personal Data Protection Act, 2023 (No. 22 of 2023), Ministry of Law and Justice.
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