Section 7, President's Emoluments and Pension Act, 1951 [S1A-YEK]
As at 7 September 2026. In force from 18 October 1951 by S.O. 398(E) [N11-HE1].
7. Maintenance of records and furnishing of returns.—(1) Every bidder shall maintain such records and registers relating to participation in procurement as may be prescribed and shall preserve them for a period of five years. (2) Every bidder shall furnish to the Comptroller and Auditor-General a return in Form GFR 19 within twenty-one days from the end of every financial year, and such other information as the Comptroller and Auditor-General may, by order in writing, require.
Defined terms in this text (4)
bidder: Section 2, President's Emoluments and Pension Act, 1951 [S1AY9X] (In this Act, unless the context otherwise requires,—): "bidder" means any person participating in a procurement process
bidder: 18 more definitions.
financial year: Section 2, President's Emoluments and Pension Act, 1951 [S1AY9X] (In this Act, unless the context otherwise requires,—): "financial year" means the year commencing on the 1st day of April
financial year: Section 3, General Clauses Act, 1897 [S100SN] (In this Act, and in all Central Acts and Regulations made after the commencement of this Act, unless there is anything repugnant in the subject or context): (21) "financial year" shall mean the year commencing on the first day of April; (22) a thing shall be deemed to be done in "good faith" where it is in fact done honesty, whether it is done negligently or not;
financial year: 21 more definitions.
prescribed: Section 2, President's Emoluments and Pension Act, 1951 [S1AY9X] (In this Act, unless the context otherwise requires,—): "prescribed" means prescribed by rules made under this Act
prescribed: 996 more definitions.
procurement: Section 2, President's Emoluments and Pension Act, 1951 [S1AY9X] (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 (1)
Circular of the Department of Expenditure dated 28th November, 1962 on section 7 of the President's Emoluments and Pension Act, 1951 [C10-BZV], 28 November 1962, in force. The text contains "section 7 of the President's Emoluments and Pension Act, 1951 (30 of 1951)".
Cited by (1)
Section 64, President's Emoluments and Pension Act, 1951 [S1B-07Y], 1 June 1951, Band A. "section 7".
Not held (0)
none
Duties published under this section (1)
D10-JCP. Every bidder: Maintain records and registers of the procurement of goods and services; preserve for five years; furnish the annual return in Form GFR; twenty-one days from the end of every financial year; Form GFR. Published by Department of Expenditure, Ministry of Finance (synthetic record).