section 2
Establishment of the Contingency Fund of Kerala.─ (1) There shall be established a
The Kerala Contingency Fund Act, 1957Finance19575 sections
Statutory text
Contingency Fund in the nature of an imprest entitled “The Contingency Fund of the State of Kerala” and consisting of a sum of
2[one hundred crores of rupees] withdrawn from the Consolidated Fund of the State of Kerala.
- (2) Such Contingency Fund shall be held on behalf of the Governor of Kerala by
the Secretary to the Government of Kerala in the Department of Finance and the
Governor shall have 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 Article 205 or Article 206 of the Constitution.
- (3) As often as any such expenditure is authorized by law as aforesaid, the
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