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Section 29

Penalty for Carrying on Business Without Licence Or in Violation of the Conditions of the Licence.

Whoever carries on the business of pawn broking without a licence or in violation of the conditions of the licence or otherwise than in confirmity with the terms and conditions of the licence shall be punished with imprisonment a term which shall not be less than one year but which may extend to three years and with fine which may extend to rupees fifty thousand.