Legislative Dictionary - D

Judicial Dictionary


Legislative Dictionary


Dealing in the Black-Market

Share |

CategoryD
TitleDealing in the Black-Market
Details

"Dealing in the black-market" means selling or buying anything for purposes of trade at a price higher than the maximum price fixed by or under any law, or, otherwise than in accordance with any law,—

(i) selling, bartering, exchanging, supplying or disposing of articles rationed by or under any such law; or

(ii) using or dealing with any licence, permit or ration document issued by or tinder any such law.

[See section 2(b), the Special Powers Act, 1974 (Act No. XIV of 1974)].
Created OnJune 4, 2011, 4:10 AM
Hits498