Prize Chits and Money Circulation Scheme (Banning) Act,1978 |
Act No : 43 of 1978 |
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Contents of Act: |
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SECTION( 1. ) Short title and extent. | |
SECTION( 2. ) Definitions. | |
SECTION( 3. ) Banning of prize chit and money circulation schemes or enrolment asmembers 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 moneycirculation schemes. | |
SECTION( 6. ) Offences by companies. | |
SECTION( 7. ) Power to enter search and seize. | |
SECTION( 8. ) Forfeiture of newspaper and publication containing prize chit or moneycirculation scheme. | |
SECTION( 9. ) Power to try offences. | |
SECTION( 10. ) Offences under this Act to be cognizable. |