REGISTERED No. D-(D)-72
The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No 248] NEW DELHI, SATURDAY, JUNE 18, 1977/ JYAISTHA 28, 1899
Separate paging is given to this Part in order that it may be filed
as a separate compilation
DEPARTMENT OF REVENUE AND BANKING
(Revenue Wing)
ORDER
New Delhi, the 18th June 1977
S.O. 401 (E).—In exercise of the powers conferred by section 109 of the Gold (Control) Act, 1968 (45 of 1968), and in supersession of the Order of the Govern- ment of India in the Ministry of Finance (Department of Revenue and Insurance) No S.O 642(E), dated the 6th November, 1975, the Central Government, being of opinion that it is necessary and expedient In the public interest HO to do, hereby exempts
(a) every licensed refiner from the operation of so much of the provisions of section 18 and 21 of the said Act as relate to the manufacture, posses- sion, sale or delivery of dip samples, referred to in rule 12 of the Gold Control (Specifications of Standard Gold Bars" and Conditions of Re- fining) Rules, 1968, which are used as testing needles, subject to the conditions that each testing needle shall not weigh more than two grammes and that the same may be sold or delivered only to a licensed dealer;
(b) every licensed dealer from the operation of so much of the provisions of sections 21, 32 and 34 of the said Act as relate to the acquisition, possession, custody or control of dip samples, referred to in clause (a),
( 2087 )
2o 88 THE GAZETTE OF INDIA EXTRAORDINARY PART n—SEC. 3(il)"which are used as testing needlea, subject to the following conditions, namely:—•
(i) no testing needle in the possession, custody or control of much dealer shall weigh more than two grammes;
(ii> the purity ot gold shall be marked on each testing needle;
(ill) 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 permit- ted/under section 32 of the said Act;
(lv) the dealer shall not, except with the prior permission of the Gold Con- trol Officer, sell any testing needle to any other dealer, unless such other dealer has been authorised by such officer In writing to pur- chase such testing needle:
Provided that no such authorisation shall be given by such officer unless he 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
(v) the dealer
(A) shall maintain in the Form specified below an account of the testing needles In hia possession, custody or control or acquired by him, namely—i
FORM
Account of testing needlea for ovin use
Date
Receipts
Balance at the end
Weight
No, of testing needles in possession, custody or
of the month
Less In use during the month
control or those acquired
CD
(3)
(5)
(4)
GO
(B) if he sells any testing needles, shall maintain In the Form specified below an account of such testing needles namely: —
FORM
Account Of testing meedtes for sals
Receipts
Sold
Balance Date
Weight.
No. of testing
No. of test- Weight,
Weight- No. of testing needles
ing needles
needlei
( 2)
( i)
(4) (5)
(6)
(7)
ft)
[No, 3/77 F. 143/4/71-QC.n]
M. A- KANGASWAMY, Gold Control Administrator.
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2090 T HE GAZETTE OF INDIA EXTRAORDINARY PART II—SEC 3(ii)