section 2
Establishment of the Contingency Fund of the State.
The Punjab Contingency Fund Act, 1950Finance19504 sections
Statutory text
There shall be established for the State of Punjab a Contingency Fund in the nature of an imprest entitled "the Contingency Fund of the State", into which shall be paid from out of Consolidated Fund of the State a sum of Rs. 25 crores: Provided that during the period beginning on the commencement of the Punjab Contingency Fund (Amendment) Act, 1988 and ending on the 31st day of December, 1988, this section shall have effect subject to the modification that for the words "twenty-five crores of rupees, the words "one hundred and thirty-five crores of rupees", shall be substituted.
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