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State of Gujarat - Section

Section 7 in The Bombay Money Lenders Act, 1946

7. [ Grant of licence and entry in register. [Section 7 was renumbered as 7 (1), by Bombay 58 of 1948, section 4 (1).]

(1)] On the receipt of an application under section 6 and after making a summary inquiry in accordance with the prescribed procedure, the Assistant Registrar shall forward the application, together with his report, to the Registrar. The Registrar may after making such further inquiry, if any, as he deems fit, grant the applicant a licence in such form and subject to such conditions as may be prescribed [* *] [The words 'on payment in the prescribed manner of licence fee of Rs.5' were deleted by Bombay 58 of 1948, section 4 (1).] and direct the Assistant Registrar to enter the name of such applicant in the register maintained by him under section 4.[If the application is in respect of more than one place of business in the area under the jurisdiction of the Registrar, a separate licence in respect of each such place shall be granted in the name of the applicant and the person responsible for the management of the business at such place.] [This portion was added, by Bombay 58 of 1948, section 4 (1).]
(2)[ If the application also contains a request for the grant of a licence to carry on the business of money-lending at any place within the [State] [Sub-section (2) was added, by Bombay 58 of 1948, section 4 (1).], but at a place outside the jurisdiction of the Registrar who granted the licence in respect of the principal place of business of the money-lender, the Registrar shall forward copies of the application and of the licence granted to the Registrar having jurisdiction who may grant a licence on payment of the licence fee provided for in section 6 without making any inquiry in respect of the application.]