Section 42, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1G-W09]

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 42, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1G-W09]. Machine: S1G-W09.

42. 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 12-A within sixty 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 (2)

bidder: Section 2, Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961 [S1GTR4] (In this Act, unless the context otherwise requires,—): "bidder" means any person participating in a procurement process

bidder: 18 more definitions.

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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