If any member, officer or servant of a Penalty for acquisition

Gram Panchayat, [***] » or Zilla Parishad by officer knowingly acquires for himself directly or indirectly or servant by himself or by a partner, employer or servant, any of interest in share or interest in any contract or employment with, contract. by or on behalf of a Gram Panchayat, [****] or Zilla Parishad he shall, on conviction, be punished with fine which may extend to five hundred rupees.