Vidhi Codex

Puducherry Monts de Piete Institutions (Abolition) Act, 1969

Puducherry Monts de Piete Institutions (Abolition) Act, 1969

General19696 sections

This law abolishes the Monts de Piete Institutions, which are charitable pawn shops, in the Union territory of Puducherry. It repeals several old ordinances and decrees that established these institutions and transfers any ongoing legal cases to local revenue officers. The Act protects government officials from lawsuits if they act in good faith while implementing these changes. By ending these specific institutions, the government aims to modernize financial regulations in the territory and ensure that all existing transactions are handled by standard revenue authorities rather than the abolished bodies.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement
  2. 2. Definitions
  3. 3. Abolition of the Monts de Piete Institutions
  4. 4. Protection of action taken in good faith
  5. 5. Repeals and savings
  6. 0. Preamble

PDF: pending for this language.