Section 45:
Preservation of chit records by foreman.
All the records pertaining to a chit shall be kept by
the foreman for a period of eight years from the date of termination of the chit.
40/1982 - The Chit Funds Act, 1982 ▶
Act Number: 40
Act Name: The Chit Funds Act, 1982
Year: 1982
Enactment Date: 1982-08-19
Long Title: An Act to provide for the regulation of chit funds and for matters connected therewith.
Ministry: Ministry of Finance
Department: Department of Financial Services