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 72: Private transfer of property made after issue of certificate void against foreman.
    Any private transfer of delivery of, or encumbrance or charge on, property made or created after the issue of the certificate by the Registrar under section 71 shall be null and void against the foreman on whose application the said certificate was issued.
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