The New Delhi Municipal Council Act

Constitution of the New Delhi Municipal Fund

New Delhi Municipal Fund to be kept in the State Bank of India

Operation of the Accounts

Payments not to be made unless covered by a budget-grant

Duty of persons signing cheques

Procedure when money not covered by a budget-grant is expended

Application of New Delhi Municipal Fund

Temporary payments from the New Delhi Municipal Fund for works urgently required for the public service

Investment of surplus moneys

Constitution of Finance Commission


The New Delhi Municipal Fund


Before any person signs a cheque in accordance with
section 46, he shall satisfy himself that the sum for which the cheque is drawn is either--

(a) required for a purpose or work specifically sanctioned by the proper authority and covered by
a current budget-grant, or

(b) required for any payment referred to or specified in section 47.

LAWGIST

# 48 Duty of persons signing cheques