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Section 4: Use of specially designed and fabricated cash van

the Private Security Agencies (Private Security to Cash Transportation Activities) Rules, 2018Central Rules · 2005

(1) No private security agency shall provide private security or private security guards to a Bank or a cash handling agency for cash transportation activities, unless such activities are carried out in a secured cash van, which complies with the conditions for design and specification specified in the First Schedule, owned by it or owned by the Bank or the cash handling agency, as the case may be.

(2) No taxi or hired vehicle shall be used for cash transportation activities by the private security agency:

Provided that a vehicle which is on long term contract with the private security agency or Bank or cash handling agency and the vehicle complies with the conditions for design and specification laid down under sub-rule (1) may be used by the private security agency:

Provided further that in case of any remote location where private security agencies are not present and not serviced by a currency chest, any vehicle at such location may be used as an exception under the strict security control and support of the local police.

Where this provision sits

Actthe Private Security Agencies (Private Security to Cash Transportation Activities) Rules, 2018
Section4
Marginal noteUse of specially designed and fabricated cash van
JurisdictionCentral
StatusIn force as published by the source

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