Bare Act
The Jammu and Kashmir Contingency Fund Act, 1957
Finance20023 sections
This Act establishes a Contingency Fund for Jammu and Kashmir to handle unexpected expenses. The fund, valued at 100 lakhs rupees, is controlled by the Governor. It allows quick withdrawals for unforeseen situations before legislature approval, with the requirement that any money taken out be replaced once expenses are authorized. This system provides flexibility for emergency spending while ensuring financial accountability through the mandatory replenishment of funds following legislative authorization.
PDF: pending for this language.