Amendment status not verified — confirm the current text below against the official source.
Power of Commissioner to accept agreement for payment of expenses in installments.- (1) When ever under this Actor under any rule or byelaw made there under, the cost of any work executed or of any measure taken or thing done, by or under the order of a municipal authority, any magistrate or any municipal officer empowered in this behalf, is payable by any person, the Commissioner may with the approval of the Mayor-in- Council instead of recovering any such cost in any other manner provided in this Act or in any rule or byelaw made there under, take an agreement from the said person to pay the same in installments of such amount and at such intervals as will secure the payment of the whole amount due, with interest there on at the rate not exceeding six per centum per annum, within a period of not more than five years. (2) If any installment is not paid on or before the date on which it falls due, the Commissioner may thence forward recover interest on the sum then due at such rate not exceeding nine per centum per annum as he may deem fit. Madhya Pradesh Municipal Corporation Act, 1956 163 | P a g e