Amendment status not verified — confirm the current text below against the official source.
In section 8 of the principal Act,– Amendment of section 5. 36 (i) after sub-section (1), the following sub-section shall be inserted, namely:– “(1-a) The State Government shall issue appropriate guidelines from time to time, for timely spending of budgetary grants.”; (ii) after sub-section (2), the following sub-section shall be inserted, namely:- “(2-a) For the purpose of ensuring compliance of the provisions of this Act, the State Government shall entrust an agency independent of the State Government interference, who shall periodically make review of such compliance and submit a report to that effect to that Government who shall cause every such report to be laid, as soon as may be after it is received, before the State Legislature.”; and (iii) to sub-section (5) the following proviso shall be inserted, namely:– “Provided that where expenditure has been made by taking advance from the Orissa Contingency fund, special supplementary statements of expenditure shall be presented in course of the year exclusively for the purpose of recoupment of such advance.” By Order of the Governor D. DASH Principal Secretary to Government Printed and published by the Director of Printing, Stationery and Publication, Odisha, Cuttack-10 OGP/SBP., Ex. Gaz. No.2247-193+480 Amendment of section 8. 37 38 EXTRAORDINARY PUBLISHED BY AUTHORITY No. 176, CUTTACK, THURSDAY, FEBRUARY 2, 2012 / MAGHA 13, 1933 FINANCE DEPARTMENT NOTIFICATION The 2nd February, 2012 S.R.O. No. 30/12 – In exercise of the powers conferred by sub-section (2) of Section 1 of the Odisha Fiscal Responsibility and Budget Management (Amendment) Act, 2011 (Odisha Act 1 of 2012), the State Government do hereby appoint the 1st day of February, 2012 as the date on which the said Act shall come into force. [No. 4010-BUD1-FRBM-0002-2012/F.] By order of the Governor S.P. RATH Under Secretary to Government Printed and published by the Director of Printing, Stationery and Publication, Odisha, Cuttack-10 OGP/SBP., Ex.Gaz.No.2251 – 193+480 The Odisha G a z e t t e 39 40 APPENDIX-IV EXTRAORDINARY PUBLISHED BY AUTHORITY No. 177, CUTTACK, THURSDAY, FEBRUARY 2, 2012 / MAGHA 13, 1933 FINANCE DEPARTMENT NOTIFICATION The 2nd February, 2012 S.R.O. No.31/12 - In pursuance of clause (h) of Section 5 of Orissa Fiscal Responsibility and Budget management Act, 2005 (Orissa Act 6 of 2005) and pursuant to the recommendations of the Thirteenth Finance Commission at Annexure-9.1 of their report and the guidelines issued by the Ministry of Finance, Government of India in their O.M. No. F.1 (1)/2010-FRU Dated the 14th January, 2011, the State Government do hereby fix the limit of debt GSDP ratio for the year 2010-11 to 2014-15 as hereunder- Year 2010-11 2011-12 2012-13 2013-14 2014-15 Debt/GSDP Ratio (in %) 31.0 30.6 30.2 29.8 29.5 [No.4013-BUD1-FRBM-0002-2012/F.] By order of the Governor S.P. RATH Under Secretary to Government Printed and published by the Director of Printing, Stationery and Publication, Odisha, Cuttack-10 OGP/SBP., Ex.Gaz.No.2252-193+480 “ ” The Odisha G a z e t t e 41 42 APPENDIX-V EXTRAORDINARY PUBLISHED BY AUTHORTY No. 1994, CUTTACK, MONDAY, NOVEMBER 7, 2016 / KARTIKA 16, 1938 LAW DEPARTMENT NOTIFICATION The 5th November, 2016 No. 11097-I-Legis-8/2016/L.--The following Act of the Odisha .Legislative Assembly having been assented to by the Governor on the 3rd November, 2016 is hereby published for general information. ODISHA ACT 12 OF 2016 THE ODISHA -FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (AMENDMENT) ACT, 2016 AN ACT FURTHER TO AMEND THE ODISHA FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT, 2005. BE it enacted by the Legislature of the State of Odisha in the Sixty-seventh Year of the Republic of India as follows:- Short title