Bare ActsThe Tripura Fiscal Responsibility and Budget Management Act,2005

Section 14

Amendment status not verified — confirm the current text below against the official source.

The State Government may, if desires so, set up an agency indeperdent of the State Government to review the cornpliance cf the provisions of this Act and table such reviews in the House or Houses of the State Legislature. POWES TO MAKE RULES The State Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Act. In particular, and without prejudice to the generality of the foregoing power, such rulé§S may provide for all or any of the following matters, namely a) the ‘orm of the Macroeconomic Framework Statement utider section 6; 6) the form of Medium-Term Fiscal Policy Statement, including the targets for the fiscal indicators, under section 7; é) the form of Fiscal Policy Strategy Statement under section 8; dj} the forms for disciosure under sub-section (2) of section 10; e) measures to enforce compliance; ) the mianner of review of compliance of the previsions of this Act by the independent agency under section 11; and 2) amy other matter which is required to be, or may be, prescribed. RULES TO BE LAID BEFORE LEGISLATURE very rile made wader this Act shall be laid, as soon as mat be after it is made, before the House or Houses of the legislature, while it is in session, for a total period of thirty deys which may be comprised in one sessian or in two or more successive sessions, and if, sefore the expiry of the session immedi:tely following the session or the successive sessions aforesaid, the House/ Houses agree in making any modification in the rule or (he House/Houses agree that the rule should not be made, the rvle shall thereafter have effect only in such modified farm or be of no effect, as the ::ase: maybe; so, however, that any such modification cr annulment shall be without prejudice to the validity of anything previously clone under that male. PROTECTION OF ACTION TAKEN IN GOOD FAITH No suit, prosecution or other legal proceedings sliall lie against the State Government or any officer of the State Government fer g is.

Section 14 – The Tripura Fiscal Responsibility and Budget Management Act,2005 | DailyLaw.ai