(1) All contracts in connection with the administration of the Union territory of Pondicherry shall be expressed to be made by the President and shall be executed on behalf of the President by such person and in such manner as he may direct or authorise under article 299 of the Constitution.
*[(2) Where the person authorised to execute contracts is the Administrator, he shall exercise that authority with previous approval of the Central Government in all cases involving exercise of financial powers in excess of those delegated to him from time to time by the Central Government ]
(3) Any other person authorised to execute contract shall exercise that authority, —
(a) if the contract is in connection with public works upto the monetary limits prescribed under the Central Public Works Department Code or orders of the Central Government;
(b) in other cases upto such monetary limits and subject to such conditions as the Administrator may prescribe whether generally or in respect of specified classes of contracts to be executed by specified classes of officers:
Provided that in any case covered by clause (b), prior approval of the Central Government shall be obtained, if such approval is required in that case under sub-rule (2).
'* Sub-rule (2) of rule 5 has been substituted by notification No. U-11022/2/73-UTL dated 23-1 November 1973, or" the MHA, GOI, New Delhi. , . . . .
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CHAPTER - III Disposal of Business allocated among Ministers