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Labour Laws Madhya Pradesh Ministry of Labour and Employment Madhya Pradesh Shops and Establishments Act, 1958

Issuance of Madhya Pradesh Private Security Agencies (Private Security for Transportation of Cash Activities) Rules, 2024

07-Aug-2024 | 6048/2018/Two/C-X

Government of Madhya Pradesh has issued Madhya Pradesh Private Security Agencies (Private Security for Transportation of Cash Activities) Rules, 2024.
Key Highlights of the Notification are:
1. No private security shall be provided by the private security agency for activities of transportation of cash unless he holds a licence under the said Act.
2. No private security agency shall provide private security or private security guards to a Bank or a cash handling agency for transportation activities, unless such activities are carried out in a secured cash van, which complies with the conditions for design and specification specified in the Schedule-I and owned by it or owned by the Bank or the Cash Handling Agency, as the case may be.
3. No Private Security Agency shall appoint or engage or deploy any personnel for the cash transportation activities, unless such personnel has undergone through antecedent check and his proper know your customer verification and police verification is done, before appointing or engaging or deploying them by the agency, in accordance with the provisions of the Act or any other law for the time being in force.

Please refer to the attached document for more details.

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