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The Prize Competitions Act, 1955

Central

An Act to provide for the control and regulation of prize competitions.

Act number
42 of 1955
Ministry
Ministry of Finance
Department
Department of Financial Services
Enacted
22 Oct 1955

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

20 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 3Interpretation.
  4. Section 4Prohibition of prize competitions where the prize offered exceeds one thousand rupees a month.
  5. Section 5Licensing of prize competitions where the prize offered does not exceed one thousand rupees a month.
  6. Section 6Licences for prize competitions.
  7. Section 7Promoters of prize competitions to keep accounts and submit the same to the licensing authority.
  8. Section 8Power to cancel or suspend licences.
  9. Section 9Penalty for promoting or conducting any prize competition in contravention of the provisions of sections 4 and 5.
  10. Section 10Penalty for failure to keep and submit accounts.
  11. Section 11Penalty for other offences in connection with prize competitions.
  12. Section 12Offences by Corporations.
  13. Section 13Power of licensing authority to call for and inspect accounts and documents.
  14. Section 14Power of entry and search.
  15. Section 15Forfeiture newspapers and publications containing prize competitions.
  16. Section 16Appeals.
  17. Section 17Licensing authority and other officers to be public servants.
  18. Section 18Jurisdiction to try offences.
  19. Section 19Protection of action taken under this act.
  20. Section 20Power to make rules.