INDIA CODE

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Rule 32, Karnataka Mines and Minerals (Development and Regulation) Act, 1957 (Inspection) Rules, 2015 [SAG-49N]

As at 7 September 2026. In force from 18 March 2015.

In Karnataka Mines and Minerals (Development and Regulation) Act, 1957 (Inspection) Rules, 2015 [R1F-SKR]. This text from 18 March 2015. No other text held.

Synthetic. This instrument, its title, its number and the words of this section are generated by the register.

Cite: Rule 32, Karnataka Mines and Minerals (Development and Regulation) Act, 1957 (Inspection) Rules, 2015 [SAG-49N]. Machine: SAG-49N.

Safe custody.—Every moneylender shall keep every bank note to which these rules apply in a receptacle or place reserved for the purpose at the premises where the business of moneylending is carried on, shall record in Form E the description of every bank note so kept and the date on which it was received, and shall furnish a copy of the record to the Debts Recovery Tribunal within sixty days of the close of each year.

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Rule 32, Karnataka Mines and Minerals (Development and Regulation) Act, 1957 (Inspection) Rules, 2015 [SAG-49N]