State Act
Section 75. Penalty for acquiring share or interest in contract, etc. with the Board
THE UTTAR PRADESH AVAS EVAM VIKAS PARISHAD ADHINIYAM, 1965
75- If the Adhyaksh or any member of the Board acquires, directly or indirectly, by himself or by any partner, employer or employee any share or interest, pecuniary or of any other nature, in any contract or employment with, by or on behalf of the Board, not being a share or interest which does not disqualify for being chosen or continuing as Adhyaksh or member; or If any officer or servant of the Board acquires, directly or indirectly, by himself or by any partner, employer or employee, any share or interest, whether pecuniary or of any other nature, other than a share or interest mentioned in clause (i) or clause (ii) of the proviso to section 4, in any contract, or except in so far as concerns his employment as such officer or servant, in any employment with, by or on behalf of the Board, he shall be punishable with simple imprisonment for a term which may extend to one year, or with fine, or with both.