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Repealed or not in force

The Gold Control Act, 1968, 45 of 1968, (Rep., Act 18 of 1990)

114 sections · As amended up to 2026-08

Sections

  1. 0Section 0
  2. VI — Refiners
  3. 1Save as otherwise provided in this Act, no licensed refiner shall sell, deliver, transfer or otherwi
  4. VII — DEALERS
  5. 2Sub. by s.c. clrd (Refuspectus)
  6. IV — POSSESSION OF GOLD BY PUBLIC RELIGIOUS INSTITUTIONS
  7. 3Notwithstanding anything contained in this Act, a public religious institution may receive gold as offerings:
  8. VIII — CERTIFIED GOLDSMITHS
  9. 426 of 1969, 6.9 (Rehospotizy)
  10. II — ADMINISTRATOR AND GOLD CONTROL OFFICERS
  11. 6(1) The Administrator may, if he is of opinion that it is necessary in the public interest so to do,
  12. 7The Administrator, a Gold Control Officer, and any person authorised by the Administrator or the Cen
  13. III — RESTRICTIONS RELATING TO THE MANUFACTURE, ACQUISITION, POSSESSION, SALE, TRANSFER OR DELIVERY OF GOLD
  14. 8(1) Save as otherwise provided in this Act, no person shall
  15. VI — Refiners
  16. 9(1) Every licensed refiner, who makes, manufactures or prepares standard gold bars shall put a stamp
  17. III — RESTRICTIONS RELATING TO THE MANUFACTURE, ACQUISITION, POSSESSION, SALE, TRANSFER OR DELIVERY OF GOLD
  18. 10No person shall obtain from any other person any loan or advance on the hypothecation, pledge, mortgage or charge of
  19. 11(1) Save as otherwise provided in this Act, no person shall
  20. IV — POSSESSION OF GOLD BY PUBLIC RELIGIOUS INSTITUTIONS
  21. 12Nothing in clause (i) of sub-section (1) of section 8 shall apply to any primary gold which forms pa
  22. 13Notwithstanding anything contained in this Act, a public religious institution may receive gold as offerings:
  23. 14Without prejudice to the provisions of Chapter V, every public religious institution shall submit, i
  24. V — DECLARATIONS
  25. 16(1) Save as otherwise provided in this Chapter, every person who owns, or is in possession, custody
  26. VI — Refiners
  27. 17Section 17
  28. 18Section 18
  29. 19(1) Every licensed refiner, who makes, manufactures or prepares standard gold bars shall put a stamp
  30. 20Subject to the provisions of section 8, a licensed refiner may buy or otherwise acquire or accept or
  31. 21Save as otherwise provided in this Act, no licensed refiner shall sell, deliver, transfer or otherwi
  32. 22A licensed refiner shall not
  33. 23Except in the case of any quantity of gold acquired, accepted, bought or received after the date of
  34. 24Save as otherwise provided in this Act, no licensed refiner shall keep in his refinery any primary g
  35. 25If a refiner carries on, in the same premises, the business of refining silver or other metal, he sh
  36. 26Every person who refines or melts silver, including its alloys, shall
  37. VII — DEALERS
  38. 27Section 27
  39. 28No licensed dealer shall, unless authorised by the Administrator so to do,
  40. 29Subject to the other provisions of this Act, a licensed dealer may make, manufacture, prepare, repai
  41. 30(1) Every licensed dealer shall stamp every piece of article or ornament made, manufactured or prepared by him certifying the purity of the gold:
  42. 31Save as otherwise provided in this Act, no licensed dealer shall buy or otherwise acquire or agree t
  43. 32~~Save as otherwise provided in this Act, no licensed dealer shall either own or have at any time in
  44. 33No licensed dealer shall keep in the premises where he carries on business as such dealer any primar
  45. 34Section 34
  46. 35Nothing contained in section 34 shall apply to the transfer or delivery, by a licensed dealer, of an
  47. 36Every acquisition, acceptance, sale, delivery, transfer or disposal of gold by a licensed dealer sha
  48. 37A licensed dealer may, in the course, and for the purpose, of manufacturing ornaments, send gold to
  49. 38Except in the case of any quantity of gold acquired, accepted or received after the date of making o
  50. VIII — CERTIFIED GOLDSMITHS
  51. 39(1) Save as otherwise provided in this Act, no person shall commence, or carry on, business as a gol
  52. 41A certified goldsmith
  53. 42No certified goldsmith shall either own or have at any time in his possession, custody or control any quantity of
  54. 43The provisions of section 37 shall apply so far as may be to a certified goldsmith as they apply to
  55. IX — ARTISANS
  56. 44(1) A licensed dealer may employ, whether on a whole-time or part-time basis or on payment of daily wages or other remuneration, an artisan
  57. 45Subject to the other provisions of this Act, an artisan may make, manufacture, prepare, repair or po
  58. 46The total quantity of primary gold in the possession, custody or control, whether individually or co
  59. 47(1) An Artisan may accept article, ornament or primary gold from the licensed dealer by whom he is e
  60. 48An artisan shall not work as such at any place other than the premises specified in the licence issued to the dealer by whom he is employed
  61. VIII — CERTIFIED GOLDSMITHS
  62. 49A certified goldsmith may make, manufacture, prepare, repair, polish or process ornaments and may al
  63. X — CANCELLATION AND SUSPENSION OF LICENCES AND CERTIFICATES
  64. 50(1) The Administrator may, if he has any reasonable cause to believe that the holder of any licence
  65. 51A licensed dealer or refiner or a certified goldsmith who discontinues, or intends to discontinue, b
  66. 52Where any firm has been licensed under this Act to carry on business as a dealer or refiner, such li
  67. 53Where the period of validity of any licence issued to a dealer or refiner has expired or where any a
  68. 54Section 54
  69. XI — ACCOUNTS AND RETURNS
  70. 55(1) Every licensed dealer, every licensed refiner and every certified goldsmith shall keep, in such
  71. 56(1) Every licensed dealer, every licensed refiner and every certified goldsmith shall furnish to the
  72. 57(1) Every licensed dealer, and every licensed refiner and every certified goldsmith shall, if so required by the Gold Control Officer,
  73. XII — ENTRY, SEARCH, SEIZURE AND ARREST
  74. 58(1) Any Gold Control Officer authorised in this behalf by the Administrator may, if he has any reaso
  75. 59Section 59
  76. 60(1) When any such officer referred to in section 59 is about to search the person referred to in tha
  77. 61Any Gold Control Officer authorised in this behalf by the Administrator may, if he has any reason to
  78. 62Section 62
  79. 63(1) Any Gold Control Officer of a gazetted rank shall have power to summon any person whose attendan
  80. 64Any Gold Control Officer may, during the course of any inquiry in connection with the contravention of any provision of this Act,
  81. 65Any document or other thing which is produced before any Gold Control Officer, in pursuance of the p
  82. 66Section 66
  83. 67Where any document is produced by any person under this Act or has been seized thereunder from the c
  84. 68(1) Any Gold Control Officer authorised by the Administrator in this behalf may, if he has reasons t
  85. 69The provisions of sections 102 and 103 of the Code of Criminal Procedure, 1898, relating to search a
  86. 70Where at the time of arrest or seizure under this Act, or the detection of any contravention of any
  87. XIII — CONFISCATION AND PENALTIES
  88. 71Section 71
  89. 72Any conveyance or animal which has been, or is being, or is attempted to be, used for the transport
  90. 73Whenever any confiscation is authorised by this Act, the officer adjudging it may, subject to such c
  91. 74Any person who, in relation to any gold does or omits to do any act which act or omission would rend
  92. 75Any person who contravenes any provision of this Act or any rule or order made thereunder or abets a
  93. 76Any reference to gold in this Chapter and in Chapters XII, XIV, XV and XVI shall, unless the context
  94. 77No confiscation made or penalty imposed under this Act shall prevent the infliction of any other pun
  95. XIV — ADJUDICATION, APPEAL AND REVISION
  96. 78Any confiscation may be adjudged or penalty may be imposed under this Act
  97. 79Section 79
  98. 80(1) Any person aggrieved by any decision or order made under this Act, may prefer an appeal,
  99. 81The Administrator may, of his own motion or otherwise, call for and examine the record of any procee
  100. 82(1) The Central Government may, on the application of any person aggrieved by any decision given or
  101. 83(1) Every person or authority making any adjudication or hearing any appeal or exercising any powers
  102. 84Notwithstanding anything contained in any other law
  103. XV — OFFENCES AND THEIR TRIAL
  104. 85Whoever, in contravention of the provisions of this Act or any rule or order made thereunder,
  105. 86Whoever fails or omits to make a declaration [including a declaration referred to in sub-section (12
  106. 87Whoever omits without any reasonable cause to maintain accounts or to submit any return in accordanc
  107. 88(1) A dealer or refiner who knows or has reason to believe that any provision of this Act or any rul
  108. 89Whoever,
  109. 90Whoever knowingly allows any person to use any premises or any part thereof as a refinery in contrav
  110. 91Whoever contravenes any provisions of this Act or any rule or order made thereunder for which no pun
  111. 92A court trying an offence against this Act may order the forfeiture of any implement, instrument, ap
  112. 93(1) Where an offence under this Act has been committed by a company, every person who at the time th
  113. 94Section 94
  114. 95(1) Any Gold Control Officer who ceases or refuses to perform or withdraws himself from the duties o
  115. 96Any person who wilfully or maliciously gives any false information which leads to any arrest, search
  116. 97(1) Save as otherwise provided in sub-section (2), no court shall take cognizance of any offence aga
  117. 98Notwithstanding anything contained in the Code of Criminal Procedure, 1898,
  118. XVI — MISCELLANEOUS
  119. 99Section 99
  120. 101(1) A Gold Control Officer authorised in this behalf may
  121. 102The Central Government may, by notification, direct that all or any of the powers which may be exerc
  122. 103(1) Where the business of a licensed dealer or refiner is transmitted by succession, intestate or te
  123. 104No person,
  124. 105All officers of police and all officers of Government engaged in the collection, or prevention of ev
  125. 106In respect of any penalty imposed under this Act and any other sum of any kind payable to the Centra
  126. 107(1) All particulars contained in any return or declaration made or accounts, registers or other docu
  127. 108(1) No suit, prosecution or other legal proceeding shall lie against the Central Government, the Adm
  128. 109Where, on the recommendation of the Administrator or otherwise, the Central Government is of opinion
  129. 110(1) Where any police officer seizes any gold which is alleged or suspected to have been stolen or wh
  130. 111The provisions of this Act or any rule or order made thereunder shall have effect notwithstanding an
  131. 112Where an order purports to have been signed by the Administrator or any person authorised in this be
  132. 113Any order or decision passed or any summons or notice issued under this Act, shall be served
  133. 114(1) The Central Government may, by notification, make rules for carrying out the purpose of this Act
  134. 115(1) Where, by this Act, a power has been conferred on the Central Government or the Administrator to
  135. 116(1) The Gold (Control) Act, 1965, and the Gold (Control) Ordinance, 1968, are hereby repealed
  136. 117If any difficulty arises in giving effect to the provisions of this Act, the Central Government may,