Section 5, Export (Quality Control and Inspection) Act, 1963 [S1H-SHJ]
As at 7 September 2026. In force from 22 May 1963.
5. Prohibition of the holding of foreign exchange without licence.—No person shall undertake the holding of foreign exchange 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 holding of foreign exchange undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (0)
none
Made under this section, or naming it (0)
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Cited by (1)
Section 12, Export (Quality Control and Inspection) Act, 1963 [S1H-SR0], 22 May 1963, Band A. "section 5".
Not held (0)
none
Duties published under this section (0)
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