The Public Investments (Financial Safeguards) Ordinance, 1960

( Ordinance NO. XLVI OF 1960 )

[ 2nd November, 1960 ]
An Ordinance to provide for financial safeguards in respect of certain investments made out of public revenues.1♣

 
 
 
WHEREAS it is expedient to provide for financial safeguards in respect of certain investments made out of public revenues;
 
 
 
 
NOW, THEREFORE, in pursuance of the Proclamation of the seventh day of October, 1958, and in exercise of all powers enabling him in that behalf, the President is pleased to make and promulgate the following Ordinance:-
 
 
 

CONTENTS

SECTIONS

1. Short title and commencement

2. [Omitted.]

3. Power to Government to prescribe procedures, etc., in certain cases

4. Power to Government to give directions in certain other cases

5. Power to call for documents, etc.

6. Penalties

7. Offences by Corporations, etc.

8. False information, etc.

9. Cognizance of offence

10. Power to make rules