Section 16(3)(f) in The Maharashtra Municipal Councils, Nagar Panchayats And Industrial Townships Act, 1965
(f)having a share or interest in the occasional letting out on hire to the council or in the hiring from the Council of any article for an amount not exceeding in any official year two hundred rupees, or such higher amount not exceeding one thousand rupees as the Council with the sanction of the Collector may fix in this behalf; or