Prize Chits and Money Circulation Scheme (Banning) Act Indian Bare Acts :

Prize Chits and Money Circulation Scheme (Banning) Act,1978	Act No : 43 of 1978
Contents of Act:	View
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.