(i) Every licensed refiner, who makes, manufactures or prepares standard gold bars shall put a stamp on each such gold bar certifying its purity and such stamp shall also contain such other particulars BA may be prescribed.
(2) No stamp referred to in sub-section (1) shall be used in stamping any standard gold bar unless such stamp has been approved by the Administrator.
Acquisition of sold by a refiner.
21. Subject to the provisions of section 9, a licensed refiner may buy or otherwise acquire or accept or otherwise receive primary gold, article or ornament from a person for the purpose of refining such gold for making, manufacturing or preparing standard gold bars therefrom.
SEC 1J THE GAZETTE OF INDIA EXTRAORDINARY 373
22. Save as otherwise provided in this Ordinance, no licensed refiner shall sell, deliver, transfer or otherwise dispose of gold In any form, other than in the form of standard gold bars and no such sale, delivery, transfer c,r disposal shall be made to any person other than a licensed dealer or refiner or certified goldsmith:
Sale or delivery of gold by a refLher.
Provided that a licensed refiner may sell standard gold bars to eny person on production by that person of a permit granted by the Administrator in this behalf or to such other person as the Administrator may authorise in this behalf.
23. A licensed refiner shall not—
(i) acquire, accept, buy or otherwise receive, or
(ii) melt, assay, refine, alloy or extract gold or subject it to any other process, or (Hi) sell, deliver, transfer or otherwise dispose of. any gold, except under such conditions, limitations and restrictions as may be prescribed.
Licensed refiner to comply with conditions, eti\
24. Except in the case of any quantity of gold acquired, accepted, bought or received after the date of making of any return referred to in section 57, no licensed refiner shall, in ĥ s capacity as such rentier, cither own or have in his possession, custody or control any gold which has not been included in such return:
Provided that any gold acquired, accepted, bought or received after the date of making such return shall be included in the next succeeding return.
Prohibit ;ion regarding possession of gold not included In any return
25. Save as otherwise provided in this Ordinance, no licensed refiner shall keep in his refinery any primary gold, article or ornament which is not a part of his stock-in-trade or held by him in his capacity as a refiner and every primary gold, ornament or article found in such refinery shall be deemed to be a part of his atock-iri-trade or held by him in his capacity as a refiner.
Liceiaed refiner not to keep in a refinery any gold which is not a part of his stockin-trade
26. If a refiner carries on, in the same premises, the business of refining silver or other metal, he shall carry on the business of refining gold in such part of the premises and under such conditions, limitations and restrictions as may be specified by the Administrator.
Gold where to be refined when silver, ate, is Uao refined in the same premise* 374 THE GAZETTE OF INDIA EXTRAORDINARY [FAKI II Silver refiner to keep record of iOld recovered from such reflmriE,
27. Every person who refines or melts silver, including its alloys, shall—
(a) maintain a record of gold, if any, recovered from such refining or melting;
(b) declare on or before the fifth day of each month, in such form as may be prescribed, the quantity of gold so recovered during the month immediately preceding;
(c) sell such gold within a period of thirty days from the date of such declaration or within such further period as, on sufficient cause being shown, may be allowed by the Administrator, to a licensed refiner or, if so authorised by the Administrator, to a licensed dealer.
CHAPTER VII DEALEKS Licensing of