INDIA CODE

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Prize Chits and Money Circulation Scheme (Banning) Act, 1978: sections with instruments beneath them (2)

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Open at its own address /A10-S5P

Prize Chits and Money Circulation Scheme (Banning) Act, 1978 [A10-S5P]

As at 7 September 2026. In force from 11 August 1978.

Dates: made 11 August 1978; in force 11 August 1978; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Prize Chits and Money Circulation Scheme (Banning) Act, 1978, Act 43 of 1978 [A10-S5P]. Machine: A10-S5P.

Sections (21)

Chapter I. PRELIMINARY

Chapter II. COMPTROLLER AND AUDITOR-GENERAL

Chapter III. OFFENCES AND PENALTIES

Section 1. Short title, extent and commencement [S1Q-PHY]

Section 2. Definitions [S1Q-PJR]

Section 3. Appointment of Comptroller and Auditor-General [S1Q-PKT]

Section 4. Registration of contractors [S1Q-PMM]

Section 5. Prohibition of the drawing and disbursement of funds without licence [S1Q-PNP]

Section 6. Grant of licence [S1Q-PPG]

Section 7. Maintenance of records and furnishing of returns [S1Q-PQJ]

Section 8. Powers of Drawing and Disbursing Officer [S1Q-PRC]

Section 9. Power to issue directions [S1Q-PSE]

Section 10. Power to exempt [S1Q-PT8]

Section 11. Registration of procurings entity [S1Q-PVA]

Section 12. Prohibition of participation in procurement without licence [S1Q-PW4]

Section 13. Grant of licence [S1Q-PX6]

Section 14. Maintenance of records and furnishing of returns [S1Q-PY0]

Section 15. Penalty for contravention [S1Q-PZ2]

Section 16. Offences by companies [S1Q-Q0X]

Section 17. Appeal [S1Q-Q1Z]

Section 18. Cognizance of offences [S1Q-Q2S]

Section 19. Protection of action taken in good faith [S1Q-Q3V]

Section 20. Power to make rules [S1Q-Q4N]

Section 21. Power to remove difficulties [S1Q-Q5Q]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (2)

Exempts: Notification S.O. 1660(E), dated 2nd January, 1980 [N12-0CK], 2 January 1980. "section 4 of the said Act".

Amends: Prize Chits and Money Circulation Scheme (Banning) Act (Amendment) Act, 1997 [A11-4RT], 9 September 1997. "section 17 of the Prize Chits and Money Circulation Scheme (Banning) Act, 1978 (43 of 1978)".

Not held (0)

none

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