The Chairman of the Commission shall be an eminent serving or retired civil servant well versed in Administration and Finance or a person with experience in public affairs and the four other members shall be selected from amongst persons who,-
(a) have special knowledge of the finances and accounts of Government ; or
(b) have had wide experience in financial matters and in administration ; or
(c) have special knowledge and experience about the local self Government in urban areas ;
(d) have special knowledge and experience about the local self Government in rural area :
Provided that one of the members shall be a person who is holding or has held the post not lower in rank than that of 1[an officer in Junior Administrative Grade in Indian Administrative Service or an Officer in equivalent Grade] and he shall be the Member-Secretary of the Commission.
(a) have special knowledge of the finances and accounts of Government ; or
(b) have had wide experience in financial matters and in administration ; or
(c) have special knowledge and experience about the local self Government in urban areas ;
(d) have special knowledge and experience about the local self Government in rural area :
Provided that one of the members shall be a person who is holding or has held the post not lower in rank than that of 1[an officer in Junior Administrative Grade in Indian Administrative Service or an Officer in equivalent Grade] and he shall be the Member-Secretary of the Commission.
Source footnotes
1. These words were substituted for the words "a Principal Secretary to the Government" by Mah. 11 of 2000, s. 2.आगे पढ़ें / Continue reading
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Next · Section 5Personal interest to disqualify Chairman and Members. →All sections / सभी धाराएँThe Maharashtra Finance Commission (Miscellaneous provisions) Act, 1994. →
More sections of this act
Section 1 · Short title.Section 2 · Definitions.Section 3 · Composition of Commission.Section 5 · Personal interest to disqualify Chairman and Members.Section 6 · Disqualifications for being Chairman or Member of Commission.Section 7 · Term of office of Chairman and Members and eligibility for reappointment.Section 8 · Conditions of service and salaries and allowances of the Chairman and Members.Section 9 · Procedure and powers of the Commission.India Code, Government of India. Text fetched 19 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.