Bare Act

The Contigency Fund of Union Territory of Tripura (Determination of Amount) Act, 1964

The Contingency Fund of the Union Territory of Tripura (Determination of Amount) Act, 1964 establishes an emergency financial reserve for the administration of the Union Territory of Tripura. It regulates the initial setting up and funding of this emergency pool by authorizing the transfer of ten lakh rupees from Tripura's main treasury, known as the Consolidated Fund, into a dedicated Contingency Fund. This law primarily applies to government authorities managing public finances within Tripura. It matters because it provides the administration with immediate, legally sanctioned funds to cover urgent or unforeseen official expenditures before formal legislative approval can be obtained.

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