Manual of Goa Laws (Vol. I) – 965 – Contingency Fund Act

Manual of Goa Laws (Vol. I) – 965 – Contingency Fund Act

The Goa, Daman & Diu Contingency Fund Act, 1964

Manual of Goa Laws (Vol. I) – 966 – Contingency Fund Act

Manual of Goa Laws (Vol. I) – 967 – Contingency Fund Act The Goa, Daman and Diu Contingency Fund Act, 1964

1. The Goa, Daman & Diu Contingency Fund Act, 1964 (Act 8 of 1964) [27-8-1964], published in the Government Gazette, Series I No. 41 dated 9-10-1964.

There shall be established a Contingency Fund in the nature of an imprest entitled the Contingency Fund of the Union Territory of Goa, Daman and Diu (hereinafter called the Contingency Fund) into which shall be paid from and out of the Consolidated Fund of the Union Territory of Goa, Daman and Diu a sum of ten lakhs of rupees. There shall be established a Contingency Fund in the nature of an imprest entitled the Contingency Fund of the State of Goa (hereinafter called the “Contingency Fund”) into which shall be paid from and out of the Consolidated Fund of the State of Goa, a sum of thirty crores of rupees.

The Contingency Fund shall be held on behalf of the Administrator of Goa, Daman and Diu by the Finance Secretary to the Government of Goa, Daman and Diu and no advances shall be made out of such fund except for the purposes of meeting unforeseen expenditure pending authorization of such expenditure by the Legislative Assembly under appropriations made by law. The Contingency Fund shall be held on behalf of the Governor of Goa, by the Finance Secretary to the Government of Goa, and no advances shall be made out of such fund except for the purposes of meeting unforeseen expenditure pending authorization of such expenditure by the Legislative Assembly under appropriations made by law.

For the purpose of carrying out the objects of this Act, the Administrator of Goa, Daman and Diu may make rules regulating all matters connected with or ancillary to the custody of, the payment of monies into and the withdrawal of monies from the Contingency Fund. For the purpose of carrying out the objects of this Act, the State Government may make rules regulating all matters connected with or ancillary to the custody of, the payment of monies into and the withdrawal of monies from, the Contingency Fund and till such rules are made, the payment of monies into and withdrawal of monies from the contingency Fund shall be regulated for the time being by the rules which were in force up to 30-5-1987 and were applicable to the Contingency Fund of the Union territory of Goa, Daman and Diu subject to the modifications in the said rules that reference to authorities shall be construed in relation to the Contingency Fund of the State of Goa as references to the corresponding authorities of that State.

All Bills and Vouchers for the drawal of moneys from the advance from the Contingency Fund shall contain the words “Contingency Fund” prominently written in red ink at the top of the Bill or Voucher. This, however, shall not dispense with the necessity of furnishing the usual classification of the expenditure in the Bill or Voucher, as the case may be.

All expenditure so financed shall be presented to the Legislative Assembly at the first or second session, as may be practicable, summoned to meet immediately after the advance is sanctioned. As soon as the Legislative Assembly has authorized the expenditure by including it in any Appropriation or Supplementary Appropriation Act, the advances made from the Contingency Fund shall be returned to the Fund. Note 1 – While presenting to the Legislative Assembly estimates for expenditure financed from the Contingency Fund a note to the following effect shall be appended to such estimates:- “A sum of Rs. ………… has been advanced from the Contingency Fund in Government of Goa, Finance (Budget) Department, Order No. ………. dated …….. and an equivalent amount is required to enable repayment to that Fund”. Note 2 – In those cases where the supplementary demand/appropriation presented to the Legislative Assembly includes the amount for the repayment of the advances taken from the Contingency Fund, a note to the following effect shall be appended to such demands:- “Pending the authorization of the expenditure by the Legislative Assembly for this item a sum of Rs. …….. has been sanctioned from the Contingency Fund in Government of Goa, Finance (Budget) Department, Order No. …….. dated …….. and an equivalent amount required to enable repayment to be made to that Fund is included in this Supplementary demand/appropriation”.

(1) All advances sanctioned from the Contingency Fund to meet expenditure in excess of the provision for the service included in an Appropriation (Vote on Account) Act shall be restored to the Contingency Fund as soon as the Appropriation Act in respect of the expenditure on the service for the whole year, including the excess met from advances from the Contingency Fund has been passed. (2) A copy of the order, resuming the advance, which shall give a reference to the number and date of the order under which the original advance was made and to the Appropriation or Supplementary Appropriation Act referred to in Rule 6 shall be forwarded by the Finance Department to the Audit and Accounts Officer concerned.

(1) An account of the transactions of the Contingency Fund shall be maintained by the Finance Department in Forms “C” and “D” appended to these rules. (2) Actual expenditure incurred against advances from the Contingency Fund shall be recorded in the account relating to the Contingency Fund in the same detail as it would have been shown if it had been paid out of the Consolidated Fund.