Chit Funds Act, 1982 [A10-VJN]

As at 7 September 2026. In force from 18 September 1982.

Dates: made 18 September 1982; in force 18 September 1982; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Chit Funds Act, 1982, Act 40 of 1982 [A10-VJN]. Machine: A10-VJN.

Sections (23)

Chapter I. PRELIMINARY

Chapter II. REGISTRAR

Chapter III. OFFENCES AND PENALTIES

Section 1. Short title, extent and commencement [S1S-764]

Section 2. Definitions [S1S-776]

Section 3. Appointment of Registrar [S1S-78R]

Section 4. Registration of warehousemans [S1S-79T]

Section 5. Prohibition of the consignment of goods without licence [S1S-7AW]

Section 6. Grant of licence [S1S-7BY]

Section 7. Maintenance of records and furnishing of returns [S1S-7CG]

Section 8. Powers of Registrar [S1S-7DJ]

Section 9. Power to issue directions [S1S-7EM]

Section 10. Power to exempt [S1S-7FP]

Section 11. Registration of persons carrying on business [S1S-7GD]

Section 12. Prohibition of the business of a firm without licence [S1S-7HF]

Section 13. Grant of licence [S1S-7J9]

Section 14. Maintenance of records and furnishing of returns [S1S-7KB]

Section 15. Powers of Registrar [S1S-7M5]

Section 16. Power to issue directions [S1S-7N7]

Section 17. Penalty for contravention [S1S-7P1]

Section 18. Offences by companies [S1S-7Q3]

Section 19. Appeal [S1S-7RX]

Section 20. Cognizance of offences [S1S-7SZ]

Section 21. Protection of action taken in good faith [S1S-7TS]

Section 22. Power to make rules [S1S-7VV]

Section 23. Power to remove difficulties [S1S-7WN]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (2)

Amends: Chit Funds Act (Amendment) Act, 1995 [A11-3B5], 10 January 1995. "section 19 of the Chit Funds Act, 1982 (40 of 1982)".

Exempts: Notification S.O. 796(E), dated 2nd December, 1987 [N12-3XR], 2 December 1987. "section 4 of the said Act".

Not held (0)

none