Section 40, Gold Bonds (Immunities and Exemptions) Act, 1993 [S1X-N63]

As at 7 September 2026. In force from 18 June 1993.

In Gold Bonds (Immunities and Exemptions) Act, 1993 [A11-2F9]. This text from 18 June 1993. 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 40, Gold Bonds (Immunities and Exemptions) Act, 1993 [S1X-N63]. Machine: S1X-N63.

40. Prohibition of the drawing and disbursement of funds without licence.—No person shall undertake the drawing and disbursement of funds except under and in accordance with the conditions of a licence granted under section 41: Provided that nothing in this section shall apply to the drawing and disbursement of funds undertaken by or on behalf of the Central Government or a State Government.

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