Amendment status not verified — confirm the current text below against the official source.
Liability of members of Panchayats.-- (1° Eyery member of a Panchayat shall be liable for the loss, waste oF misapplication of any money oF property belonging to the Panchayat, if such loss, waste OF misapplication is a consequence of his neglect or misconduct while such member and shall also be liable to pay interest at the prescribed rate, from THE PUNJAB PANCHAYAT! RAJ ACT, 1994 143 Gram Sabhas, Blocks, Panchayat Samitis and Zila Parishads as established under the existing laws shall be deemed to have been duly established under this Act, unless new Gram Sabhas, Blocks, Panchayati Samitis and Zila Parishads are established under the provisions of this Act 243-Election to be held within six months where Panchayat is not tinctioning.-- Where a Panchayat is not functioning immediately before the commencement of this Act, an election to constitute such a Panchayat shall be completed before the expiration of a period of six months from the date of commencement of this Act and all the powers and duties of the Panchayat may, until Panchayat Is 50 constituted be exercised or performed by such person or authority, as the State Government may appoint in this behalf and all property vested in the Panchayat shail until it is constituted vest in the State Government.