"27A. If any municipal officer or servant knowingly acquires, directly or indirectly, by himself or by a partner or employer or servant, any share or interest in any work done for the Board, or in any contract or employment with, by, or on behalf of, the Board, he shall be deemed to have committed an offence under section 168 of the Indian Penal Code:
Provided that no person shall, by reason of being a shareholder in, or a member of, any company, be held to be interested in any contract entered into between such company and the Board.".
6. In section 29 of the principal Regulation, in clause (ii) of the first proviso to sub-section (2), the words "and illegal" shall be omitted.
7. In section 30 of the principal Regulation, in sub-section (2),—
(i) in clause (c), the words "to whipping or" shall be omitted;
(it) for clause (d), the following clause shall be substituted, namely: — "(d) if he has, directly or indirectly, any share or interest in any work done for the Board, or in any contract or employment, with, by, or on behalf of, the Board:
Provided that no person shall be deemed to have a share Amendment of section IS.
Amendment of section 16.
Insertion of new section
27A.
Penalty for acquisition by municipal officer or servant of Interest in contract or work.
Amendment of section 29.
Amendment ol Section 30.
«6 at 1900, Sic. 1] THE GAZETTE OF INDIA EXTRAORDINARY 23 or interest in any such work, contract or employment by reason only ol his—
(i) having a share in any company or firm which may contract with or be employed by or on behalf of the Board, or
(ii) having a share or interest in any newspaper in which any advertisement relating to the affairs of the Board may be inserted, or
(iii) having a share or interest in any lease, sale, exchange or purchase of immovable property or any agreement for the same, or (it?) having a share or interest in the occasional sale to the Board, to a value not exceeding two thousand rupees in any one financial year, of any article in which he trades;".
8. In section 31 of the principal Regulation, in clause (a) of subsection (1), the words "or illegal" shall be omitted.
9. In section 32 of the principal Regulation,—
(a) in sub-section (1), the brackets and figure "(1)" shall be omitted, and in clause (v), for the words and figures "sections 123 and 124", the word and figures "section 123" shall be substituted;
(b) sub-section (2) shall be omitted.
10. In section 37 of the principal Regulation, in sub-section (1), the words "or illegal' shall be omitted.
11. In section 38 of the principal Regulation, the words "or illegal" shall be omitted.
12. In section 54 of the principal Regulation, in sub-section (1) after the words "delegate to one or more of its members", the words "or to the Secretary of the Board" shall be inserted.
13. In section 55 of the principal Regulation, in the proviso to sub-section (I), after the words "or signatures of the member or members'", the words "or the signature of the Secretary" shall be inserted.