The Maharashtra Finance Commission (Miscellaneous provisions) Act, 1994
The Maharashtra Finance Commission (Miscellaneous provisions) Act, 1994
This specific Act regulates the establishment, composition, and judicial authority of the Maharashtra Finance Commission. It applies directly to the commission's chairman and four members, establishing their qualifications, disqualifications, salaries, and terms of service. The legislation matters because it guarantees that commission members remain highly qualified, unbiased, and free from personal financial conflicts of interest. Furthermore, it grants the commission the legal powers of a civil court to summon witnesses, demand documents, and access public records. This authority enables the commission to successfully gather essential information to make fair and transparent financial recommendations for both state and local municipal governments.
- 1. Short title.
- 2. Definitions.
- 3. Composition of Commission.
- 4. Qualifications for appointment as, and manner of selection of Chairman and Members of Commission.
- 5. Personal interest to disqualify Chairman and Members.
- 6. Disqualifications for being Chairman or Member of Commission.
- 7. Term of office of Chairman and Members and eligibility for reappointment.
- 8. Conditions of service and salaries and allowances of the Chairman and Members.
- 9. Procedure and powers of the Commission.
PDF: pending for this language.