Amendment status not verified — confirm the current text below against the official source.
(1) Ifany officer or employccof (he Corporation is habitually in debi or acquires directly or indirectly by himself or by any officer or employee of lhe CorporaLion any share or interest in any contract with or on behalf of the Corporation, such officcr or employee shall be dismissed by his appointing authority: Provided that for lhe purpose of ihis sub-seciion, any debt owed by an officer or employee of the Corporaiion to a co-operative society or a body corporate constituted or established by or underany enactment in forcc for Ihe time being shall not be taken into consideration: Provided further thai nothing in this sub-section shall apply lo the acquisition by an officer or employee of the Corporation of any share or iniercst in any company, incorporated under any enactment in force for the time being, which contracts with or is employed by the Corporaiion. (2) Ifnny officcr orcmployec of the Corporation is, aflerihc commence- ment of ihis Act, convicted of an orrcncc against the Slate ororan offence in vol ving moral lurpiludeand issentenced cither to rigorous imprisonment for any term or to simple imprisonment for a term of not less lhan six months, he shall be deemed to have been dismissed from lhe service of the Corporation wilh effect from the date of such conviction. (3) If the conviction resulting in the dismissal of an officer oremployee of the Corporation under sub-scction (2) is set aside by acompetenl court, such officer or employee shall be deemed to have been suspended from the service of the Corporation from Lhe dale ofconviction till the date on which lhe conviction is set aside. (4) The Stale Government may, of its own motion or on receipt from an officcr or employee of the Corporation deemed to have been dismissed under sub-section (2), an application accompanied by a certified copy of lhe judgement relating lo the conviction resulting in such dismissal, by order in willing, exempt such officer or employee from the operation of-sub-sec lion (2) and thereupon such officer or employee shall be deemed to have been suspended from the service of the Corporation from the date of conviction until his release on the expiry of lhe term of imprisonment. (5) An application under sub-seciion (4) may be made io the Slale Government wilhin two months from the date of conviction. Such application shall be disposed or by the State Government wilhin three months of its receipt. Explanation.—The expression "offence against the Stale" shall mean an offence included in Chapter VI or Chapier VII of the Indian Penal Code. [Wcsl Ben. Acl 598 The Kolkata Municipal Corporation Act, J9S0. Cunsiiiulion oT Municipal Service Commission. WeM Ben. AclLVlll or