Act Number: 74

Act Name: The Forward Contracts (Regulation) Act, 1952

Year: 1952

Enactment Date: 1952-12-26

Long Title: An Act to provide for the regulation of certain matters relating to forward contracts, the prohibition of options in goods and for matters connected therewith.

Ministry: Ministry of Finance

Department: Department of Economic Affairs

Section 14B: Grant or refusal of certificate of registration.
    1[14B. Grant or refusal of certificate of registration.--On receipt of an application under section 14A, the Commission, after making such inquiry as it considers necessary in this behalf, may by order in writing grant a certificate of registration or refuse to grant it:
     Provided that before refusing to grant such certificate, the association shall be given an opportunity of beng heard in the matter.]
Notes:
1. Ins. by Act 62 of 1960, s. 14 (w.e.f. 281-12-1960).
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