Section 113B: Transaction exceeding 50,000 rupees
This section is inserted by Act No 14 of 2025, section 25.
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
113B. Transaction exceeding 50,000 rupees
(b) in subsection (1), by deleting the words “10,000 rupees” and
replacing them by the words “50,000 rupees”.
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Questions this section answers
- Above what amount does a gambling transaction trigger the reporting threshold in this Act?