Section 40, Lotteries (Regulation) Act, 1998 [S1Z-MAF]
As at 7 September 2026. In force from 5 April 1998.
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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