Bare Act

The Himachal Pradesh Contingency Fund Act, 1971

Finance19717 sections

This Act establishes the Himachal Pradesh Contingency Fund, an imprest account, to manage unexpected financial emergencies within the state. It enables the Governor to advance funds immediately for unforeseen expenditures before requiring explicit legislative authorization, ensuring government operations remain uninterrupted. By allocating a designated sum from the Consolidated Fund specifically for these purposes, the law provides a necessary financial cushion. This mechanism allows the state to address urgent needs like natural disasters or sudden crises efficiently, bridging the gap between an unexpected event and the passage of standard budget appropriations.

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