The Gold Control Act, 1968, 45 of 1968, (Rep., Act 18 of 1990) · XVI — MISCELLANEOUS

Section 114. (1) The Central Government may, by notification, make rules for carrying out the purpose of this Act

Repealed or not in force · As amended up to 2026-08

114. (1) The Central Government may, by notification, make rules for carrying out the purpose of this Act. Power to make rules. (2) In particular, and without prejudice to the foregoing power, such rules may provide for all or any of the following matters, namely: (a) fineness, dimensions, weight and description of a standard gold bar; (b) particulars to be stamped on a standard gold bar, article or ornament; (c) forms of— (i) monthly accounts to be submitted by public religious institutions; (ii) declarations; (iii) licences and applications for the issue or renewal thereof; (iv) certificates and applications for the issue or renewal thereof; (v) declarations to be made as to recovery of gold by a silver refiner; (vi) accounts and returns to be submitted by a person acquiring gold under any permit or other authority; (vii) permits to be granted under this Act; (viii) returns to be submitted by a licensed dealer or refiner; (ix) identity card of an artisan; (x) register of artisans; (xi) accounts to be maintained by a licensed dealer or refiner or a certified goldsmith; 1 M. of Law—42 318 Gold (Control) [ACT 45 (d) conditions, limitations and restrictions subject to which— (i) a dealer may sell, deliver, transfer or otherwise dispose of any gold on the hypothecation, pledge, mortgage or charge of which he had advanced any loan; (ii) a refiner may refine gold; (iii) a licensed refiner may buy, acquire, accept or receive, gold, or melt, assay, refine, extract or alloy gold or subject it to any other process, or sell, deliver, transfer or otherwise dispose of any gold; (iv) a licensed dealer may buy, acquire, accept or receive or sell, deliver, transfer or dispose of gold; (e) fees or charges to be paid— (i) in respect of applications for the issue or renewal of licences or certificates; (ii) for exercising supervision over the making, manufacturing or preparing any article or thing made of, or containing, gold of any purity; (iii) for any appeal or application for revision; (f) period— (i) of validity of a licence, certificate or permit; (ii) within which returns and declarations as to gold should be submitted by dealers, refiners and other persons; (g) manner in which samples of gold may be taken from any dealer, refiner or other person and the person to whom such samples may be sent for assay or analysis; (h) manner— (i) in which accounts are to be submitted by public religious institutions; (ii) of endorsement on a declaration, when any gold is acquired or parted with; (iii) of publication of notices and orders; (i) regulating the use and consumption of gold by industrial users and other persons; (j) any other matter which is required to be, or may be, prescribed. 1. R. L. M. 4 En. by Act 26 of 1969, 5.14 (w. c.f. 3.7.69).

Source: India Code