Section 42: Penalty on member or employees being interested in any contract with a municipality.

The Jammu and Kashmir Municipal Act, 2000Union territory Act of Jammu and Kashmir · Act 20 of 2000

(1) If any member or employee of a municipality or of a joint committee, without the previous permission in writing of the Deputy Commissioner voluntarily renders himself interested in any contract made with that municipality or joint committee, under section 38 or if within one month of his becoming interested in any such contract he neither resigns nor obtains the permission in writing of the Deputy Commissioner for his remaining a member or employee of the municipality or joint committee inspite of his interest in such contract, he shall be punishable for an offence under [the Indian Penal Code, (45 of 1860)].

(2) No member or employee of a municipality or a joint committee shall, by reason only of his being a share-holder in or a member of any corporated or registered company, be held to be interested in any contract entered into between the said company and the municipality or joint committee but no such person as aforesaid shall take part in any proceedings of the municipality or joint committee relating to any such contracts.

Where this provision sits

Act	The Jammu and Kashmir Municipal Act, 2000
Section	42
Marginal note	Penalty on member or employees being interested in any contract with a municipality.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted, S.O. 3466 of 2020. Substituted for “the Jammu and Kashmir State Ranbir Penal Code, 1989 (1938 AD)” by S.O. 3466 of 2020.

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