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

Section 33. No licensed dealer shall keep in the premises where he carries on business as such dealer any primar

Repealed or not in force · As amended up to 2026-08

33. No licensed dealer shall keep in the premises where he carries on business as such dealer any primary gold, article or ornament which is not a part of his stock-in-trade or held by him in his capacity as a dealer and every primary gold, ornament or article found in such premises shall be deemed to be a part of the stock-in-trade of such dealer or held by him in his capacity as a dealer. Gold which is not a part of the stock-in-trade, not to be kept in the business premises of a dealer. & Sub. G. Act 26 of 1969, 5.8 (w.e.f. 3.7.69). 288 Gold (Control) [ACT 45 Sale or delivery of gold by a licensed dealer or certified goldsmith.

Source: India Code