Exchange Control Act, 1954

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PART VII.

Miscellaneous.

Collection of debts.

23.—Except with the permission of the Minister, a person who has a right (whether present or future and whether actual or contingent) to receive any specified currency, or any payment from a person resident outside the scheduled territories, shall not do or refrain from doing, any act with intent to secure—

(a) that the receipt by him of the whole or part of the currency or payment is delayed, or

(b) that the currency or payment ceases, in whole or in part, to be receivable by him.