Notification No. 2462/1962, dated 26th June, 1962 [N12-T60]
As at 7 September 2026. In force from 26 June 1962.
No. 2462/1962.—In exercise of the powers conferred by section 10 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961), the State Government, being satisfied that it is necessary in the public interest so to do, hereby exempts warehousemen whose annual value of the warehousing of goods does not exceed one thousand rupees from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Registrar in writing of the commencement of the warehousing of goods within fifteen days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961), the State Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Karnataka Money Lenders Act, 1961 (Karnataka Act 12 of 1961) [S2F-MMQ]. Vires verified.
Acts on (1)
Exempts Section 4, Karnataka Money Lenders Act, 1961 [S2F-ME6], 26 June 1962. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none