(a) such expenditure, so far as it is to be incurred in the financial year in which such power may be exercised or duty performed, shall have been provided for under a current budget grant; and
(b) if the exercise of such power or the performance of such duty involves or is likely to involve expenditure for any period or at any time after the close of the said financial year, liability for such expenditure shall not be incurred without the sanction of the Corporation.
[73. Contracts by or on behalf of the Corporation.
(a) every such contract shall be made on behalf of the Corporation by the Commissioner.
(b) no such contract for any purpose which, in accordance with any provision of this Act, the Commissioner may not carryout without the approval or sanction of some other municipal authority, shall be made by him until or unless such approval or sanction has been duly obtained.
(c) the Mayor-in-Council and the Commissioner may sanction any estimate or contract (including technical and administrative) involving such amount, as may be prescribed.
(d) all other estimates or contracts shall be sanctioned by the Corporation.
(a) Build-Own-Operate-Transfer Agreement,
(b) Build-Own-Operate-Maintain Agreement,
(c) Build and Transfer Agreement,
(d) Build-Lease-Transfer Agreement,
(e) Build-Operate-Transfer Agreement,
(f) Lease and Management Agreement,
(g) Management Agreement,
(h) Rehabilitate-Operate-Transfer Agreement,
(i) Rehabilitate-Own-Operate-Maintain Agreement,
(j) Service Contract Agreement, and
(k) Supply-Operate-Transfer Agreement;
74.
75.
Chapter VI
Municipal Property and Liabilities
Section 72 • The Chhattisgarh Municipal Corporation Act, 1956
72. Exercise of functions to be subject to sanction by Corporation of the necessary expenditure.
the-chhattisgarh-municipal-corporation-act-1956-sec-72.json
•
Section 72
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"act_title": "The Chhattisgarh Municipal Corporation Act, 1956",
"act_slug": "the-chhattisgarh-municipal-corporation-act-1956",
"section_label": "Section",
"section": {
"number": "72",
"title": "72. Exercise of functions to be subject to sanction by Corporation of the necessary expenditure.",
"chapter": null,
"content": "(a) such expenditure, so far as it is to be incurred in the financial year in which such power may be exercised or duty performed, shall have been provided for under a current budget grant; and\n(b) if the exercise of such power or the performance of such duty involves or is likely to involve expenditure for any period or at any time after the close of the said financial year, liability for such expenditure shall not be incurred without the sanction of the Corporation.\n[73. Contracts by or on behalf of the Corporation.\n(a) every such contract shall be made on behalf of the Corporation by the Commissioner.\n(b) no such contract for any purpose which, in accordance with any provision of this Act, the Commissioner may not carryout without the approval or sanction of some other municipal authority, shall be made by him until or unless such approval or sanction has been duly obtained.\n(c) the Mayor-in-Council and the Commissioner may sanction any estimate or contract (including technical and administrative) involving such amount, as may be prescribed.\n(d) all other estimates or contracts shall be sanctioned by the Corporation.\n(a) Build-Own-Operate-Transfer Agreement,\n(b) Build-Own-Operate-Maintain Agreement,\n(c) Build and Transfer Agreement,\n(d) Build-Lease-Transfer Agreement,\n(e) Build-Operate-Transfer Agreement,\n(f) Lease and Management Agreement,\n(g) Management Agreement,\n(h) Rehabilitate-Operate-Transfer Agreement,\n(i) Rehabilitate-Own-Operate-Maintain Agreement,\n(j) Service Contract Agreement, and\n(k) Supply-Operate-Transfer Agreement;\n74.\n75.\nChapter VI\nMunicipal Property and Liabilities",
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