Section 6, Contingency Fund of India Act, 1950 [S1A-H4Y]
As at 7 September 2026. In force from 23 July 1950.
6. Grant of licence.—(1) An application for a licence to undertake the procurement of goods and services shall be made to the Comptroller and Auditor-General in Form GFR 19, accompanied by a fee of nil rupees. (2) The Comptroller and Auditor-General may, after making such inquiry as it thinks fit, grant the licence subject to such conditions as may be prescribed, or, for reasons to be recorded in writing, refuse to grant the licence. (3) A licence granted under this section shall be valid for a period of three years from the date of its grant and may be renewed in such manner as may be prescribed. (4) The Comptroller and Auditor-General may, after giving the licensee an opportunity of being heard, suspend or cancel a licence for contravention of any condition thereof.
Defined terms in this text (1)
procurement: Section 2, Contingency Fund of India Act, 1950 [S1AH0P] (In this Act, unless the context otherwise requires,—): "procurement" means the acquisition by purchase, lease, licence or otherwise of goods, works or services
procurement: 19 more definitions.
Made under this section, or naming it (0)
none
Cited by (2)
Section 41, Contingency Fund of India Act, 1950 [S1A-J7M], 23 July 1950, Band A. "section 6".
Section 5, Contingency Fund of India Act, 1950 [S1A-H3G], 23 July 1950, Band A. "section 6".
Not held (0)
none
Duties published under this section (1)
D10-GYZ. Every procuring entity: Obtain a licence before undertaking the procurement of goods and services; apply in Form GFR, fee nil rupees; Before the activity begins; licence valid three years; Form GFR. Published by Department of Expenditure, Ministry of Finance (synthetic record).