Prize Chits and Money Circulation Schemes (Banning) Act, 1978
Bare Act · 1978
An Act to ban the promotion or conduct of prize chits and money circulation schemes and for matters connected therewith or incidental thereto.
In the syllabus of: Andhra Pradesh APO · Tamil Nadu APO · Telangana APO
- Act number
- 43 of 1978
- Enacted
- 12 December 1978
- Contents
- 14 sections
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Contents
- Section 1 – Short title and extent
- Section 2 – Definitions
- Section 3 – Banning of prize chits and money circulation schemes or enrolment as members or participation therein
- Section 4 – Penalty for contravening the provisions of section 3
- Section 5 – Penalty for other offences in connection with prize chits or money circulation schemes
- Section 6 – Offences by companies (preview)
- Section 7 – Power to enter, search and seize (preview)
- Section 8 – Forfeiture of newspaper and publication containing prize chit or money circulation scheme (preview)
- Section 9 – Power to try offences (preview)
- Section 10 – Offences under this Act to be cognizable (preview)
- Section 11 – Act not to apply to certain prize chits or money circulation schemes (preview)
- Section 12 – Transitional provisions (preview)
- Section 13 – Power to make rules (preview)
- Section 14 – Repeals and saving (preview)