Vidhi Codex

Delhi Finance Commission Act, 1994

Delhi Finance Commission Act, 1994

General199418 sections

This Act establishes the Delhi Finance Commission to oversee the financial administration of the National Capital Territory of Delhi. It sets out the rules for appointing a Chairman and members, who are selected for their expertise in finance and public affairs, and defines their terms of service and removal. By governing the structure and function of this Commission, the law ensures that financial resources are distributed fairly between the Delhi government and local municipalities, promoting fiscal stability and effective governance in the capital region.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement.
  2. 2. Definitions.
  3. 3. Composition of the Finance Commission.
  4. 4. Qualifications for appointment and manner of selection of Chairman and members.
  5. 5. Term of appointment.
  6. 6. Disqualification for being a Chairman or a member of the Commission.
  7. 7. Conditions of service of Chairman and members.
  8. 8. Resignation.
  9. 9. Removal.
  10. 10. Vacancy in the office of Chairman.
  11. 11. Staff of the Commission.
  12. 12. Procedure.
  13. 13. Functions of the Commission.
  14. 14. Powers of the Commission
  15. 15. Protection of action taken under this Act
  16. 16. Power to make rules
  17. 17. Power to remove difficulties
  18. 18. Repeal

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