Section 12, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1G-V2H]

As at 7 September 2026. In force from 29 November 1962 by S.O. 1216(E) [N11-QYW].

In Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [A10-HF7]. This text from 29 November 1962. 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 12, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1G-V2H]. Machine: S1G-V2H.

12. Prohibition of participation in procurement without licence.—No person shall undertake participation in procurement except under and in accordance with the conditions of a licence granted under section 13: Provided that nothing in this section shall apply to participation in procurement undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

procurement: Section 2, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1GTR4] (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)

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Cited by (0)

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Not held (0)

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Duties published under this section (0)

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