section 460BB
How
The Mumbai Municipal Corporation ActChapter XVI-A THE
13[Brihan Mumbai Electric Supply and Transport Fund] shall be drawn
against.— (1) Subject as hereinafter provided, no payment shall be made by the Bank aforesaid out of
the
14[Brihan Mumbai Electric Supply and Transport Fund] except on a cheque singed by two persons in the manner specified below, namely:—
This sub-section was substituted by Mah. 27 of 1999, s. 180. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Undertaking” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “the Imperial Bank of India” by Mah. 10 of 1998, s. 217(a). These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Mayor-in-Council” by Mah. 27 of 1999, s. 181. These words were substituted for the words “Bombay Electric Supply and Transport Undertaking” by Mah. 25 of 1996, s. 2, Schedule. Section 460BB was substituted for the original by Mah. 39 of 1961, s. 12. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule. These words were substituted for the words “Bombay Electric Supply and Transport Fund” by Mah. 25 of 1996, Schedule.
1888 : III] The Mumbai Municipal Corporation Act 347
- (a) by the Commissioner, or by the General Manager, or by the Deputy General Manager or in their absence by a municipal officer whose name appears in a list of officers approved by the 1[Brihan Mumbai Electric Supply and Transport Committee] authorised to sign cheques; and
- (b) by a municipal officer whose name appears in the said list: Provided that, cheque for an amount not exceeding two thousand rupees if signed by the Commissioner or by the General Manager or by the Deputy General Manager or by two officers whose names appear in the said list shall be sufficient authority for the payment of the amount there out of the fund by the said Bank.
- (2) Payment of any sum due by the Corporation out of the 2[Brihan Mumbai Electric Supply and Transport Fund] in excess of one hundred rupees (or such higher amount as 3[the Brihan Mumbai Electric Supply and Transport Committee] from time to time, may fix generally or for any specified class of payments) shall be made by means of a cheque signed as aforesaid, and not in any other way.
- (3) Payments not covered by sub-section (2) may be made by the General Manager in cash or cheques for a sum not exceeding five thousand rupees each (or such higher amount as 4[the Brihan Mumbai Electric Supply and Transport Committee] may from time to time fix) signed as aforesaid, being drawn from time to time to cover such payments.]
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