The Himachal Pradesh Contigency Fund Act, 1971

(1) This Act may be called the Himachal Pradesh Contingency Fund Act, 1971. (2) It extends to the whole of the State of Himachal Pradesh. (3) It shall come into force at once.

In this Act, "the Fund" means the Himachal Pradesh Contingency Fund established under section 3.

On the commencement of this Act, the State Government shall establish in and for the State of Himachal Pradesh a Fund called the Himachal Pradesh Contingency Fund in the nature of an Imprest Account.

The State Government shall appropriate a sum of rupees five crores out of the Consolidated Fund of the State and place it to the credit of the Fund.

The Fund shall be placed at the disposal of the Governor of Himachal Pradesh, who shall not expend it except for the purposes of making advances from time to time for meeting unforeseen expenditure of the State pending authorisation of such expenditure by the Legislature of the State under appropriations made by law; and immediately after the coming into operation of such law, an amount equal to the amount or amounts advanced by the Governor for the purposes aforesaid shall be deemed to have been placed to the credit of the Fund and the amount so transferred or deemed to have been transferred shall for all purposes form part of the Fund.

The State Government may by notification make rules to carry out all or any of the purposes of the Act.

The Punjab Contingency Fund Act, 1950 (13 of 1950) as applicable to the territories added to Himachal Pradesh under section 5 of the Punjab Re-organisation Act, 1966 (31 of 1966) and the Himachal Pradesh Contingency Fund (Determination of Amount) Act, 1964 (1 of 1964) are hereby repealed.