State Act

10

Section 10. Term of licence.

THE RAJASTHAN MONEY-LENDERS ACT, 1963

Act no. 1 of 19641964In forceRajasthan (State Act)

10. Term of licence.—A licence shall be valid for a period of three years from the date of its issue: Provided that when an application for renewal of a licence has been received by an Assistant Registrar within the prescribed period, the licence shall, until the application is finally disposed of, be deemed to be valid.