Section 6: Transactions not covered by licence
consolidated text (as at 2005). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
6. Transactions not covered by licence
Where a broker holding a second class licence acts as broker in or concerning any transaction in which he is not authorised to act under section 5,
he shall commit an offence and shall, on conviction, be liable to a fine not
exceeding 500 rupees.
[Issue 1] B12 – 2
Revised Laws of Mauritius