THE DELHI MUNICIPAL CORPORATION ACT, 1957 (Modified as on 5th December, 2018) · REVENUE AND EXPENDITURE — The Municipal Fund
Section 101 — Operation of the Accounts
(1)Save as otherwise provided in this Act no payment shall be made by the State Bank of India out of the Municipal Fund except on a cheque signed by both—
(a)the Chief Accountant or an officer subordinate to him authorised by the standing Committee in this behalf; and
4[(b) the Commissioner or a Deputy Commissioner or an officer subordinate to the Commissioner authorised by the Standing Committee in this behalf.]
(2)Payment of any sum due by the Corporation in excess of one hundred rupees shall be made by means of a cheque signed in accordance with sub-section (1) and not in any other way.
(3)Payments hot covered by sub-section (2) may be made in cash.