Categories: Top News

Finance Bill 2026 Proposes Major Fine Increases for Various Offences

The Finance Bill 2026, laid in Parliament yesterday by Finance Minister Davendranath Tancoo, outlines significant increases in penalties for a variety of offences. Among the proposed changes is a quadrupling of fines for manufacturing vinegar or copra products without a license, from $2,000 to $8,000. A new penalty for operating more amusement games than permitted has also been introduced, with offenders facing a $25,000 fine and potential imprisonment for up to a year.

The bill takes a particularly strong stance on tobacco-related offences. Selling tobacco to minors and related offences could result in fines of up to $150,000 and nine months’ imprisonment for first-time offenders, while those indicted for tobacco offences could face fines of up to $600,000 and imprisonment for up to three years.

Further, the bill proposes increases in fines for environmental offences such as removing timber or operating a sawmill without a permit, from $100,000 to $150,000, and for hunting-related offences, with fines reaching up to $150,000. Penalties under the General Motor Launches Act are set to more than triple, from $2,000 to $7,500, and fines for carrying excess passengers on a vessel will increase fivefold, from $200 to $1,000.

The Finance Bill 2026 is scheduled for debate in the House of Representatives on June 10, before being reviewed by the Standing Finance Committee on June 12.

News Desk

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