Amendment status not verified — confirm the current text below against the official source.
Making of contracts.— With respect to the making of contracts for the purposes of the 4[Brihan Mumbai Electric Supply and Transport Undertaking] (including contracts relating to the acquisition and disposal of immovable property or any interest therein, or any right thereto) the following provisions shall have effect, namely:— (a) every such contract shall be made on behalf of the corporation by the General Manager; (b) no such contract for any purpose which, in accordant with any provision of the Chapter, the General Manager may not carry out without the approval or sanction of some other municipal authority, shall be made by him until or unless such approval or sanction has first been duly given; 5[(c) no contract which will involve an expenditure exceeding 6[fifty lakhs rupees] shall be made by the General Manager unless the same, is previously approved by the Brihan Mumbai Electric Supply and Transport Committee: Provided that, where the previous approval of the Committee is sought for any such contract by the General Manager, the Committee shall consider and dispose of such proposal within thirty days from the date of on which the item is first included in the agenda of any meeting of the Committee, failing which, the previous approval shall be deemed to have been given by the 1 These words were substituted for the words “Bombay Electric Supply and Transport Committee” by Mah. 25 of 1996, s. 2, Schedule. 2 These words were substituted for the words “Member-in-Charge” by Mah. 27 of 1999, s. 168. 3 Section 460J was deleted, by Mah. 10 of 1998, s. 204. 4 These words were substituted for the words “Bombay Electric Supply and Transport Committee” by Mah. 25 of 1996, s. 2, Schedule. 5 Clauses (c) and (d) were substituted by Mah. 27 of 1999, s. 169. 6 These words were substituted by Mah. 17 of 2012, s. 5(1). 342 The Mumbai Municipal Corporation Act [1888 : III Committee for such contract on the last day of the period of thirty days aforesaid. A report to that effect shall be made by the General Manager to the Committee; (d) every contract made by the General Manager involving an expenditure exceeding 1[five lakhs rupees] shall be reported by him within fifteen days after the same has been made to the Brihan Mumbai Electric Supply and Transport Committee;] (e) the foregoing provisions of this section shall, as far as may be, apply to every contract which the General Manager shall have occasion to make in the execution of this Act; and the same provisions of this section which apply to an original contract shall be deemed to apply also to any variation or discharge of such contract.