The Prize Chits and Money Circulation Schemes (Banning) Act, 1978
Central · 1978
- S. 1Short title and extent.
- S. 2Definitions.
- S. 3Banning of prize chits and money circulation schemes or enrolment as members or participation therein.
- S. 4Penalty for contravening the provisions of section 3.
- S. 5Penalty for other offences in connection with prize chits or money circulation schemes.
- S. 6Offences by companies.
- S. 7Power to enter, search and seize.
- S. 8Forfeiture of newspaper and publication containing prize chit or money circulation scheme.
- S. 9Power to try offences.
- S. 10Offences under this Act to be cognizable.
- S. 11Act not to apply to certain prize chits or money circulation schemes.
- S. 12Transitional provisions.
- S. 13Power to make rules.
- S. 14Repeals and saving.