section 7
Prohibition of transfer of fund.
The Promotion and Regulation of Online Gaming Act, 2025Criminal202521 sections5 chapters
Chapter II DEVELOPMENT AND RECOGNITION
Statutory text
No bank, financial institution, or any other person facilitating financial transactions or authorisation of funds shall engage in, permit, aid, abet, induce or otherwise facilitate any transaction or authorisation of funds towards payment for any online money gaming service.
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In page 5, line 27, of Act No.32 of 2025, for the word “gaming”, read “game”, Vide Corrigenda dated 28.8.2025, published in the Gazette of India, Extraordinary, Part. II, Sec.1.
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