The Bihar Contingency fund Act
bihar · 1967
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1These Rules may be called the Contingency Fund of Bihar Rules
- S. 2Section 2 establishes that the Secretary to the Government of Bihar, Finance Department, manages the Contingency Fund of Bihar on behalf of the Governor.
- S. 3Section 3 outlines the procedure for applying for advances from the Bihar Contingency Fund, detailing required information and submission to the Finance Department.
- S. 4Section 4 mandates the withdrawal of 350 crore rupees from the state's consolidated fund to credit the Bihar Contingency Fund.
- S. 4ASection allows temporary increase of Bihar Contingency Fund up to 4% of annual budget till March 30, with one-third for disaster relief.
- S. 5Section 5 details the process for sanctioning advances from the Bihar Contingency Fund and presenting supplementary estimates to the State Legislature.
- S. 6Section 6 empowers the State Government to create rules for implementing the Bihar Contingency Fund Act and mandates legislative review of these rules.
- S. 7Section 7 mandates forwarding a copy of the resuming advance order to the Accountant General, referencing the original advance and supplementary appropriation.
- S. 8An account of the transactions of the Fund shall be maintained by the Finance Department in Form A annexed to these rul
- S. 9Section records actual expenditures from the Bihar Contingency Fund in detail as if paid from the Consolidated Fund.