State Act

The Mumbai Municipal Corporation Act.

60C. Disqualifications of General Manager.— (1) No person shall be qualified to be appointed or to be General Manager who has, directly or indirectly, by himself or his partner, any share or interest in any contract with, by or on behalf of, the corporation 12[* * * * * * *]. (2) Any General Manager who shall acquire, directly or indirectly, by himself or by his partner, any share or interest in any such contract 1[* * * * *] as aforesaid shall cease to be General Manager. (3) Nothing in this section shall apply to any such share or interest in any contract 2[* * *] with by, or on behalf of, the corporation as under clauses (h) and (k) of sub-section (2) of section 16, it is permissible for a councillor to have without his being thereby disqualified for being a councillor, or to any share or other interest in the Bombay Electric Supply and Tramways Company, Limited.]