Bare ActsThe Maharashtra Zilla Parishads and Panchayat Samitis Act, 1961

Section 126

Contracts for works or development schemes

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Contracts for works or development schemes.— (1) No tenders or contracts for executing any works or development schemes duly sanctioned, for being undertaken, either from the district fund or a block grant, shall be accepted or made, except with the previous sanction of such authorities or officers as may be prescribed by rules. (2) The rules made for this purpose shall also prescribe the limits of non-recurring expenditure upto which each such authority or officer may accord the sanction. (3) The State Government shall be competent to vary the prescribed limits, from time to time, by notification published in the Official Gazette, provided that where the limits are so increased, the increased limits shall not be more than twice the limits prescribed by the rules.] 1 Now, the short title of the act has been amended as “the Maharashtra Village Panchayats Act (III of 1959), by Mah. 24 of 2012, Sections 2 and 3, schedule entry 74, with effect from 1st May 1960. 2 Sections 125 and 126 were substituted for the original by Mah. 11 of 1985, s. 2. 1962 : Mah. V] The Maharashtra Zilla Parishads and Panchayat 95 Samitis Act, 1961

Section 126 – The Maharashtra Zilla Parishads and Panchayat Samitis Act, 1961 | DailyLaw.ai