Section 62: Penalty on member, officer or servant being interested in contracts made with a board or joint committee.

The Panjab District Boards Act, 1883Central Act · Act 20 of 1883

(1) If any member, officer or servant of a district or local board or joint committee appointed under this Act is, otherwise than with the permission in writing of the Commissioner, directly or indirectly interested in any contract made with that board or joint committee, he shall be deemed to have committed an offence under the Indian Penal Code, section 168.

(2) A person shall not, by reason of being a shareholder in, or a member of, any incorporated or registered company, be held to be interested, in any contract entered into between the company and a board or committee; but he shall not take part in any proceedings of the board or committee relating to any such contract.

Where this provision sits

Act	The Panjab District Boards Act, 1883
Section	62
Marginal note	Penalty on member, officer or servant being interested in contracts made with a board or joint committee.
Jurisdiction	Central
Status	In force as published by the source

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