Prize Chits and Money Circulation Scheme (Banning) Act, 1978 [A10-S5P]
As at 7 September 2026. In force from 11 August 1978.
Sections (21)
Chapter I. PRELIMINARY
Chapter II. COMPTROLLER AND AUDITOR-GENERAL
Chapter III. OFFENCES AND PENALTIES
Section 1. Short title, extent and commencement [S1Q-PHY]
Section 2. Definitions [S1Q-PJR]
Section 3. Appointment of Comptroller and Auditor-General [S1Q-PKT]
Section 4. Registration of contractors [S1Q-PMM]
Section 5. Prohibition of the drawing and disbursement of funds without licence [S1Q-PNP]
Section 6. Grant of licence [S1Q-PPG]
Section 7. Maintenance of records and furnishing of returns [S1Q-PQJ]
Section 8. Powers of Drawing and Disbursing Officer [S1Q-PRC]
Section 9. Power to issue directions [S1Q-PSE]
Section 10. Power to exempt [S1Q-PT8]
Section 11. Registration of procurings entity [S1Q-PVA]
Section 12. Prohibition of participation in procurement without licence [S1Q-PW4]
Section 13. Grant of licence [S1Q-PX6]
Section 14. Maintenance of records and furnishing of returns [S1Q-PY0]
Section 15. Penalty for contravention [S1Q-PZ2]
Section 16. Offences by companies [S1Q-Q0X]
Section 17. Appeal [S1Q-Q1Z]
Section 18. Cognizance of offences [S1Q-Q2S]
Section 19. Protection of action taken in good faith [S1Q-Q3V]
Section 20. Power to make rules [S1Q-Q4N]
Section 21. Power to remove difficulties [S1Q-Q5Q]
Made under
No recital of a power is printed.
Acts on (0)
none
Acted on by (2)
Exempts: Notification S.O. 1660(E), dated 2nd January, 1980 [N12-0CK], 2 January 1980. "section 4 of the said Act".
Amends: Prize Chits and Money Circulation Scheme (Banning) Act (Amendment) Act, 1997 [A11-4RT], 9 September 1997. "section 17 of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978 (43 of 1978)".
Not held (0)
none