Section 5, Payment and Settlement Systems Act, 2007 [S23-J9Z]

As at 7 September 2026. In force from 23 October 2007 by S.O. 3731(E) [N12-DBC].

In Payment and Settlement Systems Act, 2007 [A11-BR3]. This text from 23 October 2007. 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 5, Payment and Settlement Systems Act, 2007 [S23-J9Z]. Machine: S23-J9Z.

5. Prohibition of the possession of land without licence.—No person shall undertake the possession of land 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 possession of land 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 12, Payment and Settlement Systems Act, 2007 [S23-JG8], 15 April 2007, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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