Home › The Navy Act, 1957 › Chapter VIII – Articles of war
Section 58: Offences in respect of property
Every person subject to naval law who wastefully expends or fraudulently buys, sells or receives any property of Government or property belonging to a naval, military or air force mess, band or institution, and every person who knowingly permits any such wasteful expenditure, or any such fraudulent purchase, sale or receipt, shall be punished with imprisonment for a term which may extend to two years or such other punishment as is hereinafter mentioned.
Source: official text of The Navy Act, 1957 as published on India Code (PDF). All sections of the Navy Act, 1957.