INDIA CODE

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Section 5, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9EV]

As at 7 September 2026. In force from 25 January 2006 by No. 593/2006 [N13-0SM].

In Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [A12-70V]. This text from 25 January 2006. 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 5, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9EV]. Machine: S2M-9EV.

5. Prohibition of the drawing and disbursement of funds without licence.—No person shall undertake the drawing and disbursement of funds except under and in accordance with the conditions of a licence granted under section 6: Provided that nothing in this section shall apply to the drawing and disbursement of funds undertaken by or on behalf of the Central Government or a State Government.

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 35, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-ACK], 15 October 2005, Band A. "section 5".

Not held (0)

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Duties published under this section (0)

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Section 5, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9EV]