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Section 4: Annual statement of Acquisition and Disposals

The Uttar Pradesh Ministers and Legislators (Publication of Assets and Liabilities) Act, 1975State Act of Uttar Pradesh · Act 29 of 1975

4. Every Minister or legislator shall, throughout the term of his office furnish to the Secretary on or before the thirtieth day of June every year, a statement in the form set out in the Second Schedule, of all assets acquired or disposed of or liabilities incurred by him and also by any member of his family during the preceding financial year.

Explanation I- If neither such person nor any member of his family has acquired or disposed of any asset or incurred any liability during a particular year a ‘nil’ statement shall nevertheless be submitted by him under this section.

Explanation II- For the purposes of this section, the expression "acquired" in relation to any assets, means its acquisition by purchase, gift, bequest, lease, exchange, mortgage, partition or family settlement.

Where this provision sits

ActThe Uttar Pradesh Ministers and Legislators (Publication of Assets and Liabilities) Act, 1975
Section4
Marginal noteAnnual statement of Acquisition and Disposals
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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