The Punjab Municipal Infrastructure Development Fund Act, 2011
punjab · 2011
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1(1) This Act may be called the Punjab Municipal Infrastructure Development Fund Act, 2011
- S. 2Section defines terms used in the Punjab Municipal Infrastructure Development Fund Act, 2011, including "Director," "Fund," and "Infrastructure Development Project."
- S. 3Establishes a fund for municipal infrastructure development, with annual minimum grant-in-aid of Rs.200 crore, increasing by 14% yearly.
- S. 4Section 4 establishes the use of the Punjab Municipal Infrastructure Development Fund for infrastructure project financing and its administration by the Director.
- S. 5—
- S. 6—
- S. 7Section mandates the Fund's audit by the Comptroller and Auditor-General of India as per the 1971 Act.
- S. 8Section mandates State Government to prepare and submit annual report on Fund's receipts and distributions to Municipalities to State Legislature.
- S. 9(1) The State Government may, by notification in the Official Gazette, make rules for carrying out the purposes of thi
- S. 10Section 10 protects state officials from legal actions for actions taken in good faith under the Act.
- S. 11The section allows the State Government to amend the Act for two years to resolve any difficulties, but not after the Act's commencement.
- S. 12Section 12 repeals previous laws and saves existing rights under the Punjab Municipal Infrastructure Development Fund Act, 2011.