In force · As amended up to 2026-08
1. Short title and extent.
(1) This Act may be called the Prize Chits and Money Circulation
Schemes (Banning) Act, 1978.
(2) It extends to the whole of India [1]*
[Footnotes]
1. The words "except the State of Jammu and Kashmir" omitted by Act 34 of 2019, s. 95 and the Fifth Schedule
(w.e.f. 31-10-2019).
Source: India Code