The Gujarat Contingency Fund Act, 1960

GOVERNMENT OF GUJARAT

LEGISLATIVE PARLIAMENTARY AFFAIRS DEPARTMENT GUJARAT ACT NO. IV OF 1960.

THE GUJARAT CONTINGENCY FUND ACT, 1960.

(As modified upto the 31st October, 2008)

THE GUJARAT CONTINGENCY FUND ACT, 1960. ....................................

This Act may be called the Gujarat Contingency Fund Act, 1960.

There shall be established a Contingency Fund in the nature of an imprest entitled the Contingency Fund of the State, into which shall he paid from and out of the Consolidated Fund of the State of Gujarat a sum of two hundred crores of rupees.

The Contingency Fund of the State shall be held on behalf of the Governor by the Secretary to the Government of Gujarat in the Finance Department, 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 State Legislature under appropriations made by law.

For the purposes 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 moneys into, and withdraws of moneys from the Contingency Fund of the State.

The Gujarat Contingency Fund Ordinance, 1960, is hereby repealed and the provisions of sections 7 and 25 of the Bombay General Clauses Act, 1904, shall apply to such repeal as if that Ordinance were an enactment.