The Jammu and Kashmir Contingency Fund Act, 1957

(1) This Act may be called the Jammu and Kashmir Contingency Fund (Amendment) Act, 2002.

(2) It shall come into force from the date of its publication in the Government Gazette.

(1)There shall be established for the State of Jammu and Kashmir a Contingency Fund in the nature of an imprest, called the "Contingency Fund of State of Jammu and Kashmir" and consisting of a sum of [one hundred lakhs.] withdrawn from the Consolidated Fund of the State. (2) Such Contingency Fund shall be at the disposal of the [Governor ] ; and he shall have the authority to make advances therefrom for the purpose of meeting any unforeseen expenditure, pending authorization of such expenditure by the State Legislature by law under section 82 or section 83 of the Constitution of Jammu and Kashmir. (3) As often as any such expenditure is authorised by law as aforesaid, the Government shall recoup to the Contingency Fund an amount equal to the advance taken from such Fund to meet the expenditure.

The Government may, by notification, make rules for the purpose of carrying into effect the provisions of this Act.