Section 5, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-0WC]
As at 7 September 2026. In force from 25 May 1992.
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, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X0S6] (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 66, Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992 [S1X-2SE], 25 May 1992, Band A. "section 5".
Not held (0)
none
Duties published under this section (0)
none