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Section 12, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9N8]

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 12, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9N8]. Machine: S2M-9N8.

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, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M9BH] (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)

none

Cited by (0)

none

Not held (0)

none

Duties published under this section (0)

none

Section 12, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005 [S2M-9N8]