Subject to the provisions of section 4, no person shall promote or conduct any prize competition or competitions in which the total value of the prize or prizes (whether in cash or otherwise) to be offered in any month does not exceed one thousand rupees unless he has obtained in this behalf a licence granted in accordance with the provisions of this Act and the rules made thereunder.
Section 5: Licensing of prize competitions where the prize offered does not exceed one thousand rupees a month.
The Prize Competitions Act, 1955Central Act · Act 42 of 1955
Where this provision sits
| Act | The Prize Competitions Act, 1955 |
|---|---|
| Section | 5 |
| Marginal note | Licensing of prize competitions where the prize offered does not exceed one thousand rupees a month. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 1 |
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