Contingency Fund of Meghalaya Act, 1972

This Act may be called the Contingency Fund of Meghalaya Act, 1972.

There shall be established a Contingency Fund in the nature of an imprest to be entitled the “Contingency Fund of Meghalaya”, into which shall be paid from and out of the Consolidated Fund of Meghalaya a sum of rupees fifty lakhs.

The Contingency Fund of Meghalaya shall be held on behalf the Governor by the Secretary to the Government of Meghalaya in the Finance Department and no advance shall be made out of such fund except for the purpose of meeting unforeseen expenditure pending authorisation of such expenditure by the Legislature of Meghalaya under appropriations made by law.

For the purpose of carrying out the object of this Act, the Government of Meghalaya may made rules regulating all matters connected with or ancillary to the custody of, the payment of moneys into and the withdrawal of moneys from, the Contingency Fund of Meghalaya.

The Contingency Fund of Meghalaya Act, 1970 is hereby repealed.