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

Section 28. No licensed dealer shall, unless authorised by the Administrator so to do,

Repealed or not in force · As amended up to 2026-08

28. No licensed dealer shall, unless authorised by the Administrator so to do,— (a) carry on business as a money-lender or banker on the security of any article, or ornament, or both, (b) permit any other person to carry on money-lending, banking or any other business, in the same premises in which he carries on business as such dealer. What a dealer may manufacture.

Source: India Code