Vidhi Codex

Bare Act

The Madhya Pradesh Contingency Fund Act 1957

Finance195715 sections

This Act establishes and regulates the Contingency Fund of Madhya Pradesh, a reserve of funds held by the Finance Department Secretary to cover sudden, urgent expenses that cannot wait for the normal budget process. The fund provides a critical financial safety net for the state government to handle unexpected emergencies or unforeseen liabilities during the fiscal year. By allowing rapid releases of money for essential services, the Act safeguards public service continuity and prevents administrative delays when immediate financial action is necessary to avoid significant public hardships or losses.

Start reading →Read full ActSections
  1. 1. Short title and commencement
  2. 2. Definitions
  3. 3. Establishment of the Contingency Fund
  4. 4. Custody of the Fund and withdrawals therefrom
  5. 5. Power to make rules
  6. 6. Repeal and saving
  7. 7. Sanctions to Heads of Departments
  8. 8. Supplementary estimates or Vote on Account
  9. 9. Resumption of advances
  10. 10. Responsibility for proposals for estimates
  11. 11. Copy of order resuming advance
  12. 12. Account of transactions
  13. 13. Accounting procedure for expenditure
  14. 14. FORM A (See rule 12) Madhya Pradesh Contingency Fund
  15. Schedule. The Madhya Pradesh Contingency Fund Rules, 1957

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