Repealed or not in force · As amended up to 2026-08
22. A licensed refiner shall not—
(i) buy or otherwise acquire or accept or otherwise receive, or
(ii) melt, assay, refine, alloy or extract gold or subject it to any other process, or
(iii) sell, deliver, transfer or otherwise dispose of, any gold, except under such conditions, limitations and restrictions as may be prescribed.
Source: India Code