Amendment of section 5

Amendment of section 5.—In section 5 of the Goa, Daman and Diu Money Lenders Act, 1974 (Act No. 13 of 1974) (hereinafter referred to as the "principal Act"),—

1. (1) for the words "one hundred rupees", the words "five hundred rupees" shall be substituted;
2. (2) for the existing proviso, the following proviso shall be substituted, namely:— " Provided that the fee for the grant of a licence to a money lender shall be rupees five hundred if he carries on the business of money lending in the areas within the jurisdiction of a Municipal Council, and rupees two hundred if he carries on the business of money lending in any other area."