State Act

5

Section 5. Money- lenders not to carry on business of money-lending except for area under licence and except in accordance with term of licence.

THE RAJASTHAN MONEY-LENDERS ACT, 1963

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

5. Money- lenders not to carry on business of money-lending except for area under licence and except in accordance with term of licence.--Save is provided in section 49, no money-lender shall after the expiration of six months from the date on which this Act is brought into forces carry on, or continue to carry on, the business of money-lending except in accordance with the terms and conditions of such licence.