Rule 4, Karnataka Mines and Minerals (Development and Regulation) Act, 1957 (Appeals) Rules, 2025 [S59-F3N]
As at 7 September 2026. In force from 2 March 2025.
Conditions of registration.—Every payment system operator shall carry on the operation of a payment system only at the premises specified in the certificate of registration, shall keep every loan account in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such loan account for inspection on request by the Registrar of Moneylenders, and shall not part with the certificate of registration to any other person.
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