Section 4

Power to make rules.

The Contingency Fund of India Act, 1950

  • Act 49 of 1950
  • Ministry of Finance
  • Department of Economic Affairs
About this Act

An Act to provide for the establishment and maintenance of Contingency Fund.

All sections
    1[(1)] For the purpose of carrying out the objects of this Act, the Central Government may, 6 by notification in the Official Gazette, make 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 India.
     2[(2) Every rule made under this section shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.]

Notes

1. Section 4 renumbered as sub-section (1) by Act 51 of 1982, s. 2 (w.e.f 20-10-1982).
2. Ins. by s. 2, ibid. (w.e.f 20-10-1982).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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