Section 9: Books to be kept by licensed gold dealers.
(1) Every licensed gold dealer shall enter in a book to be kept for the purpose accurate particulars of-
(a)
all raw gold bought, sold, received (other than by way of importation) or exported by him, showing the date of the transaction, the weight and price or value of the gold, the name and address of the vendor, depositor, purchaser or consignee and the registered number of any mining right or lease or group of leases for which a grouping certificate has been issued by the Minister from or under the area of which the gold is alleged to have been won; and
[1958, No.49.]
(b) all raw gold and all gold bar, sheet, wire, grain and bullion imported by him, showing the date of import, the number of the import licence, the weight and price or value of the gold, and the name and address of any person to whom such gold is delivered;
and shall at all reasonable times on request produce the books for inspection by an inspector of mines.
(2) Every licensed gold dealer shall in the months of April, July, October and January deliver to the inspector of mines in charge of the inspectorate in which the licensed premises of the gold dealer are situate a return in duplicate showing the specified particulars of all raw gold bought, sold, received (other than by way of importation) or exported by him during the preceding three months and of all raw gold and all gold bar, sheet, wire, grain and bullion imported by him during the preceding three months.
Cite this section
Section 9, GOLD TRADING ACT (1935).
https://repo.podus.ai/laws/gold-trading-act/section/9/