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83. (1) A person who has directly or indirectly, by himself or his partner, a 1[share or interest, whether pecuniary or of any other nature] in a contract with, by, or on behalf of, a Municipality or in any employment with, under, by or on behalf of, a Municipality, other than as a municipal servant, shall be disqualified for being a servant of such Municipality. (2) A municipal servant who shall acquire or continue to have, directly or indirectly, by himself or his partner, a 1[share or interest, whether pecuniary or of any other nature] in any such contract or employment as aforesaid shall cease to be a municipal servant, and his office shall become vacant. (3) A municipal servant who knowingly acquires or continues to have, directly or indirectly, a 1[share or interest, whether pecuniary or of any other nature] in a contract or, except in so far as concerns his employment as a municipal servant, in any employment with, under, by, or on behalf of, a Municipality of which he is a servant., shall be deemed to have committed an offence under section 168 of the Indian Penal Code. (4) Nothing in this section shall apply to any such share or interest in a contract or employment with, under, by, or on behalf of, the board as is referred to in clauses (b) (d) and (g) of sub-section (2) of section 82, or to any 1[share or interest, whether pecuniary or of any other nature] acquired or retained, with the permission of the 2[Prescribed Authority], in any lease, sale or purchase of land or buildings, or in any agreement for the same.
<span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><b>83.</b> (1) A person who has directly or indirectly, by himself or his partner, a <b><sup>1</sup></b>[share or interest, whether pecuniary or of any other nature] in a contract with, by, or on behalf of, a Municipality or in any employment with, under, by or on behalf of, a Municipality, other than as a municipal servant, shall be disqualified for being a servant of such Municipality.<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(2) A municipal servant who shall acquire or continue to have, directly or indirectly, by himself or his partner, a <b><sup>1</sup></b>[share or interest, whether pecuniary or of any other nature] in any such contract or employment as aforesaid shall cease to be a municipal servant, and his office shall become vacant.<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(3) A municipal servant who knowingly acquires or continues to have, directly or indirectly, a <b><sup>1</sup></b>[share or interest, whether pecuniary or of any other nature] in a contract or, except in so far as concerns his employment as a municipal servant, in any employment with, under, by, or on behalf of, a Municipality of which he is a servant., shall be deemed to have committed an offence under section 168 of the Indian Penal Code.<br> <span style="margin-left:15px;"></span><span style="margin-left:15px;"></span><span style="margin-left:15px;"></span>(4) Nothing in this section shall apply to any such share or interest in a contract or employment with, under, by, or on behalf of, the board as is referred to in clauses (b) (d) and (g) of sub-section (2) of section 82, or to any <b><sup>1</sup></b>[share or interest, whether pecuniary or of any other nature] acquired or retained, with the permission of the <b><sup>2</sup></b>[Prescribed Authority], in any lease, sale or purchase of land or buildings, or in any agreement for the same. <br>