Section 5, Competition Act, 2003 [S21-MFV]
As at 7 September 2026. In force from 8 November 2003.
5. Prohibition of the recovery of debts without licence.—No person shall undertake the recovery of debts 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 recovery of debts 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 42, Competition Act, 2003 [S21-NMC], 8 November 2003, Band A. "section 5".
Not held (0)
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Duties published under this section (0)
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