Bare Act
The Manipur Contingency Fund Act, 2024
Finance20244 sections
1. Short title, extent and commencement
Statutory text
1. (1) This Act may be called the Manipur Contingency Fund Act, 2024.
- (2) It shall extend to the whole of the State of Manipur.
- (3) It shall come into force from the date of its publication in the Official Gazette of Manipur.
2. Establishment of a Contingency Fund
Statutory text
2. (1) A Contingency Fund in the nature of an imprest shall be established and shall be entitled the Contingency Fund of the State of Manipur, hereinafter called the Contingency Fund.
- (2) The Fund shall be held on behalf of the Governor by the Secretary to the Government of Manipur 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 under appropriations made by law.
3. Payment into the Contingency Fund
Statutory text
3. There shall be paid by the State Government into the Contingency Fund, a sum of Rs. 500 Crore from and out of the Consolidated Fund of the State.
4. All expenditure met out of advances from the Fund made in the aforesaid manner shall be laid before the Legislature for authorization within the financial year in which such advances are made.
Statutory text
Power to make Rules 4. For the purpose of carrying out the object of this Act, the State Government may make rules regulating all matters connected with or ancillary to the custody of the payment of moneys into and the withdrawals of moneys from the Contingency Fund of the State of Manipur.
PDF: pending for this language.