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 80: Cognizance of offences.
    (1) All offences under section 11 shall be cognizable.
     (2) No court inferior to that of a Metropolitan Magistrate or a Judicial Magistrate of the first class shall try an offence punishable under this Act.
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