Section 8: Storage of property

Illegally Acquired Property (Receipt, Management and Disposal) Rules, 1989Union territory Rules of Chandigarh · 1985

(1) The Administrator shall ensure that the packages containing valuables are kept in the godown in an iron safe and vault, under double lock system, one key remaining with the godown-keeper and the other to be retained by the godown-in-charge.

(2) Where, for any valid reasons, it is found that the packages containing valuables may not be kept in godown, such packages shall be kept in lockers obtained exclusively for this purpose, either with any branch of the Reserve Bank of India or of any nationalized bank.

(4) The packages referred to in sub-rules (1) and (2) shall be stored systematically casewise, serialwise, yearwise and with proper identification marks to facilitate re-check and inspection.

Where this provision sits

Act	Illegally Acquired Property (Receipt, Management and Disposal) Rules, 1989
Section	8
Marginal note	Storage of property
Jurisdiction	Union territory of Chandigarh
Status	In force as published by the source

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