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

Section 63: Levy of fees.
    (1) There shall be paid to the Registrar such fees as the State Government may, from time to time, prescribe for,--
         (a) the issue of previous sanction under section 4;
         (b) the filing of the chit agreement with the Registrar and the registration of the chit under section 7;
         (c) the filing of a declaration with the Registrar and the grant of a certificate of commencement under section 9;
         (d) the filing of copies of documents under any of the provisions of this Act;
         (e) the audit of the accounts of the foreman under section 61;
         (f) the inspection of documents under section 62;
         (g) the obtaining of certified copies or extracts of documents and records under section 62; and
         (h) such other matters as may appear necessary to the State Government.
     (2) A table of fees prescribed under sub-section (1) shall be exhibited on a notice board in the office of the Registrar.
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