462. Punishment for acquiring share or interest in contract, etc., with the Corporation
[Any councillor or any person referred to in clause (b) of sub-section (3) of section 3 of any committee of [[the Corporation]]] who knowingly acquires, directly or indirectly, any share or interest in any contract made with, or any work done for, [[the Corporation]] not being a share or interest such as under section 9 it is permissible for a councillor to have without being thereby disqualified for being a councillor ***, and the Commissioner, *** *** or any municipal officer or other municipal employee who knowingly acquires, directly or indirectly, any share or interest in any contract made with, or any work done for, [[the Corporation]] not being a share or interest such as under clause (i) of sub-section (1) of section 9 or subclauses (ii) and (iii) of clause (c) of sub-section (2) of that section it is permissible for a councillor *** to have, without being thereby disqualified for being a councillor ***, shall be deemed to have committed the offence made punishable under section 168of the Indian Penal Code (45 of 1860).
Amendment notes (6)
- Subs w.e.f. 1-10-1993 . Subs. by Act 67 of 1993, s. 112, for certain words (w.e.f. 1-10-1993).
- Subs w.e.f. 13-1-2012 . Subs. by Delhi Act 12 of 2011, s. 2, for "the Corporation" (w.e.f. 13-1-2012).
- Subs w.e.f. 22-5-2022 . Subs. by Act 10 of 2022, s. 2, for "a Corporation" (w.e.f. 22-5-2022).
- omitted w.e.f. 1-10-1993 . The words "or an alderman" omitted by s. 112, ibid. (w.e.f. 1-10-1993).
- omitted w.e.f. 1-10-1993 . The words and brackets "the General Manager (Electricity)" omitted by s. 112, ibid. (w.e.f. 1-10-1993).
- omitted w.e.f. 3-11-1971 . The words and brackets "the General Manager (Transport)" omitted by Act 71 of 1971, s. 7(b) and the Second Schedule (w.e.f. 3-11-1971).