REGISTERED No. D-(D)-72
The Gazette of India
EXTRAORDlNARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 455] NEW DELHI, THURSDAY, NOVEMBER 6, 1975/KARTIKA 15,1897
Separate paging is given to this Part in order that it may be filed
as a separate compilation
MINISTRY OF FINANCE
(Department of Revenue and Insurance)
ORDER
New Delhi, the 6th November 1975
S.O. 642(E).—In exercise of the powers conferred by section 109 of the Gold (Control) Act, 1968 (45 of 1968), the Central Government, being of opinion that it is necessary and expedient in the public interest so to do, hereby exempts every licensed dealer from the Operation of so much of the provisions of sections 21, 32 and 34 of the said Act as relates to the possession, custody or control of primary gold which is used as 'testing needles', subject to the conditions that—
(a) no testing needle in the possession, custody or control of such dealer shall weigh more than two grammes;
(b) the purity of gold shall be marked am each testing needle;
(c) the aggregate weight of 'all the testing needles in the possession, custody or control of such dealer shall not, at any time, exceed one hundred grammes over and above the total quantity of primary gold permitted under section 32 of the said Act;
(d) the dealer shall not, except with the prior permission of the Gold Control Officer, sell any testing needle to any other dealer unless such other dealer has been authorised by such officer in writing to purchase such testing needle :
(2437)
243# ; THE GAZE1TE OF INDIA EXTRAORDlNARY [PART tt—Provided that no such authorisation shall be given by such officer unless ho is satisfied that the aggregate weight of testing needles in the possession, custody or control of the purchaser will not exceed, after the purchase, one hundred grammes; and (e) the dealef
(i) shall maintain in the form specified below an account of the testing needles in his possession, custody or control or acquired by him, namely:—
FORM
Account of Testing Needles for own use
. , . . ~ - . . . . - ^
Date Receipts Loss in use during the Balance at the end
month. of the month.
No. of testing needles Weight in possession, custody or control .or those acquired.
lO (3) (3) (4)
(5)
(ii) if he sells any testing needles, shall maintain in the form specified below fl" account of such testing needles, n'amely:—
FORM
Account of Testing Needles for sale
Date Receipts Sold Balance
No. of testing Weight No. of testing Weight No. of testing Weight needles, needles. needles.
(i) (a) (3) (4) CS) (6) (7)
[No. 16/75 F. No. 143/4/71-GCII]
M. G. ABROL, Addl. Secy.
$BC. 3(ii)3 THt GA2ETTE OF INDIA EXTRAORDlNARY 2439 3440 THE GAZETTE OP INDIA EXTRAORDINARY [PART II—SEC 3(11)]