Section 34, Contingency Fund of India Act, 1950 [S1A-J0T]

As at 7 September 2026. In force from 23 July 1950.

In Contingency Fund of India Act, 1950 [A10-CVH]. This text from 23 July 1950. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 34, Contingency Fund of India Act, 1950 [S1A-J0T]. Machine: S1A-J0T.

34. Grant of licence.—(1) An application for a licence to undertake the execution of contracts shall be made to the Comptroller and Auditor-General in Form GFR 21, 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 (0)

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Made under this section, or naming it (0)

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Cited by (1)

Section 33, Contingency Fund of India Act, 1950 [S1A-HZD], 23 July 1950, Band A. "section 34".

Not held (0)

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