Notification S.O. 3428(E), dated 24th January, 1960 [N11-P37]
As at 6 September 2026. In force from 24 January 1960.
S.O. 3428(E).—In exercise of the powers conferred by section 10 of the President's Emoluments and Pension Act, 1951 (30 of 1951), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts bidders whose the procurement of goods and services does not exceed ten thousand rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Comptroller and Auditor-General in writing of the commencement of the procurement of goods and services within twenty-one days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the President's Emoluments and Pension Act, 1951 (30 of 1951), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the President's Emoluments and Pension Act, 1951 (30 of 1951) [S1A-YH8]. Vires verified.
Acts on (1)
Exempts Section 4, President's Emoluments and Pension Act, 1951 [S1A-YBS], 24 January 1960. "section 4 of the said Act".
Acted on by (0)
none
Not held (0)
none