Section 5, Maharashtra Industrial Development Act, 1962 [S2G-2SW]

As at 7 September 2026. In force from 7 October 1962.

In Maharashtra Industrial Development Act, 1962 [A11-ZCM]. This text from 7 October 1962. 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, Maharashtra Industrial Development Act, 1962 [S2G-2SW]. Machine: S2G-2SW.

5. Prohibition of the holding of foreign exchange without licence.—No person shall undertake the holding of foreign exchange 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 holding of foreign exchange 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 14, Maharashtra Industrial Development Act, 1962 [S2G-32B], 7 October 1962, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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