Section 5, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4N9]

As at 7 September 2026. In force from 12 April 1961 by S.O. 327(E) [N11-PTG].

In Preference Shares (Regulation of Dividend) Act, 1960 [A10-GX2]. This text from 12 April 1961. 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, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-4N9]. Machine: S1G-4N9.

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

Defined terms in this text (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 46, Preference Shares (Regulation of Dividend) Act, 1960 [S1G-5YV], 27 June 1960, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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