Section 5, Scheduled Securities (Hyderabad) Act, 1949 [S19-S3D]

As at 7 September 2026. In force from 18 February 1949.

In Scheduled Securities (Hyderabad) Act, 1949 [A10-C8J]. This text from 18 February 1949. No other text held.

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

Cite: Section 5, Scheduled Securities (Hyderabad) Act, 1949 [S19-S3D]. Machine: S19-S3D.

5. Prohibition of dealing in securities without licence.—No person shall undertake dealing in securities except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to dealing in securities undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

securities: Section 2, Scheduled Securities (Hyderabad) Act, 1949 [S19S0B] (In this Act, unless the context otherwise requires,—): "securities" has the meaning assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956)

securities: 13 more definitions.

Made under this section, or naming it (0)

none

Cited by (1)

Section 16, Scheduled Securities (Hyderabad) Act, 1949 [S19-SEQ], 18 February 1949, Band A. "section 5".

Not held (0)

none

Duties published under this section (0)

none