Amendment status not verified — confirm the current text below against the official source.
(1) There shall be established a Contingency Fund in the nature of an imprest entitled "The Contingency Fund of the State of Kerala" and consisting of a sum of One hundred crores of rupees withdrawn from the Consolidated Fund of the State of Kerala. (2)Such contingency Fund shall be held on behalf of the Governor of Kerala by the Secretary to the Government of Kerala in the Department of Finance and the Governor shall have authority to make advances therefrom for the purpose of meeting any unforeseen expenditure pending authorization of such expenditure by the State Legislature by law under Article 205 or Article 206 of the Constitution. (3)As often as any such expenditure is authorized by law as aforesaid, the Government shall recoup to the Contingency Fund an amount equal to the advance taken from such Fund to meet the expenditure.