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Office Memorandum No. 1237/2026/IACD of the Industries and Commerce Department, Government of Maharashtra dated 10th May, 2026 on the business of a money changer [C14-GG3]

As at 7 September 2026. In force. No commencement recorded.

Dates: made 10 May 2026; in force not recorded; ceased none recorded. Gazette: none recorded. Band B.

Jurisdiction: Maharashtra [IN-MH]. Made by the Industries and Commerce Department, Government of Maharashtra.

Synthetic. This instrument, its title, its number and its words are generated by the register.

Cite: Office Memorandum No. 1237/2026/IACD of the Industries and Commerce Department, Government of Maharashtra dated 10th May, 2026 on the business of a money changer, Office Memorandum No. 1237/2026/IACD, 10th May, 2026 [C14-GG3]. Machine: C14-GG3.

No. 1237/2026/IACD

GOVERNMENT OF MAHARASHTRA

Industries and Commerce Department, Government of Maharashtra

Mumbai, dated the 10th May, 2026

OFFICE MEMORANDUM

Subject: The business of a money changer by money changers under the Maharashtra Industrial Development Act, 1962, regarding.

1. The undersigned is directed to say that references have been received in the Industries and Commerce Department, Government of Maharashtra on the manner in which the business of a money changer by money changers is to be regulated under the Maharashtra Industrial Development Act, 1962.

2. The matter has been examined. Every money changer carrying on the business of a money changer shall make an application in Form SEZ-1 to the Government of Maharashtra within one hundred and eighty days, accompanied by a fee of fifty thousand rupees.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the business of a money changer is undertaken, and the Government of Maharashtra shall dispose of it within one hundred and eighty days of its receipt.

4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Industries and Commerce Department, Government of Maharashtra.

(Secretary to Government)

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No enabling provision stated.

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Office Memorandum No. 1237/2026/IACD of the Industries and Commerce Department, Government of Maharashtra dated 10th May, 2026 on the business of a money changer [C14-GG3]