Power to make rules - (1) The State Government may, by notification in the

Official Gazette, make rules for carrying out the purposes of this Act.

1. (2) In particular and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely :-
   • (i) the manner for transferring and depositing the proceeds of tax under subsection (2) of section 5 of the Act; and 4 The Punjab Municipal Fund Act, 2006, Section 12
   • (ii) the period within which, tax is to be deposited under sub- section (2) of section 5 of the Act.
2. (3) Every rule made under this Act, shall be laid, as soon as may be, after it is made, before the House of the State Legislature while it is in session for a total period of ten days, which may be comprised in one session or in two or more successive sessions and if, before the expiry of the session in which it is so laid or the successive sessions as aforesaid, the House agrees in making any modification in the rule of the House agrees that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be, so however that any such modification or annulment shall be without prejudice to the validity of anything previously done or omitted to be done under that rule. Section 12

¹ Substituted by Punjab Act No 17 of 2008.