Amendment status not verified — confirm the current text below against the official source.
Inserted by Haryana Act 8 of 2006. FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT [2005 : Hr. Act 6 Definitions. 377 (l) “special purpose vehicle” means an organisation or institution set up by State Government to discharge specific assignments/ duties within a specified period in respect of financial transactions or raising of loans from financial institutions or the market for specific purposes against State guarantees; (m) “State Government” means the Government of the State of Haryana; and (n) “total liabilities” means the liabilities under the Consolidated Fund of the State and the public accounts of the State and shall also include borrowings by the public sector undertakings and the special purpose vehicles and other equivalent instruments including guarantees where the principal and/or interest are to be serviced out of the State budgets.