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of <h1>Forward Contracts Act 1952 Regulates Forward Contracts, Prohibits Options in Goods; Enforced by Central Government Notifications</h1> The Forward Contracts (Regulation) Act, 1952, is designed to regulate forward contracts and prohibit options in goods, addressing related matters. It applies across India, with exceptions removed in 1960, and its provisions are activated by the Central Government through official notifications. Different provisions may be enforced on varying dates for different states, areas, goods, or classes of goods.
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