section 12
Power to make Rules.
The Bihar Fiscal Responsibility and Budget Management Act, 2006Finance200619 sections
Statutory text
- (1) The State Government may, by notification in the Official Gazette, make rules for carrying out the provision of this Act.
- (2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:
- (a) the form of the Macroeconomic Framework Statement under section 6;
- (b) the form of Medium - Term Fiscal Policy Statement, including the targets for the fiscal indicators, under section7;
- (c) the form of Fiscal Policy Strategy Statement under section8;
- (d) the form for disclosure under sub-section (2) of section 10;
- (e) measures to enforce compliance;
- (f) the manner of review of compliance of the provisions of this Act by the independent agency under section 11; and
- (g) any other matter which is required to be, or may be, prescribed.
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