Kerala HC: Must Provide Detenue with Legible and Readable Copies  ||  Delhi HC: If Security Clearance Cancelled for National Security Court Can’t Second Guess it  ||  HP HC: Mere Use of Encroached Land Doesn’t Make a Person Necessary Party  ||  Bombay HC: Can’t Ask Husband to Pay Instalments for Under Construction Flat  ||  Delhi HC: State Delaying in Challenging Orders is a Setback to Victim’s Pursuit of Justice  ||  Patna HC Sets Aside Conviction of Juvenile-in-Conflict with Law  ||  Ker HC: Daughter of Hindu Who Dies after 20.12.2004 is entitled to Equal Share in Ancestral Property  ||  SC: Cannot Grant Anticipatory Bail in NDPS Matters  ||  MP HC Sets Aside Order Recognising Saif Ali Khan & Family as Heirs of Nawab of Bhopal's Properties  ||  Supreme Court Agrees to Hear Petitions Challenging Bihar Electoral Roll Revision on July 10    

Contingency Fund of India (Amendment) Rules, 2021- (Ministry of Finance ) (06 Oct 2021)

MANU/EAFF/0037/2021

Civil

In exercise of the powers conferred by section 4 of the Contingency Fund of India Act 1950 (49 of 1950), the Central Government hereby makes the following rules further to amend the Contingency Fund of India Rules, 1952, namely:-

1. (1) These rules may be called the Contingency Fund of India (Amendment) Rules, 2021.

(2) They shall come into force on the date of their publication in Official Gazette.

2. In the Contingency Fund of India Rules, 1952, -

(i) for rule 3, the following rule shall be substituted, namely: -

"3. An amount equivalent to forty per cent of the Fund corpus shall be placed at the disposal of the Secretary, Ministry of Finance, Department of Expenditure for the purpose of meeting unforeseen expenditure, and beyond this limit, all further Contingency Fund releases shall be made with the approval of Secretary to the Government of India, Department of Economic Affairs, after the approval of Secretary to the Government of India, Department of Expenditure.";

(ii) in rule 4, for the words "Department of Economic Affairs", the words "Department of Expenditure" shall be substituted;

(iii) for rule 5, the following rule shall be substituted, namely: -

"5. Applications for advances required shall be made to the Secretary to the Government of India, Department of Expenditure and applications for advances of new loans shall be made to the Secretary to the Government of India, Department of Economic Affairs, in the manner provided for in rule 4.";

(iv) for rule 7, the following rule shall be substituted, namely: -

"7. A copy of the order sanctioning the advance, which shall specify the amount, the grant or appropriation to which it relates and given brief particulars by sub-heads and units of appropriation of the expenditure for meeting which it is made, shall be forwarded by the Ministry of Finance to the Audit and Accounts Officers concerned.";

(v) for sub-rule (1) of rule 8, the following sub-rule shall be substituted, namely: -

"(1) All expenditure so financed shall be regularised through the Supplementary Estimates presented to Parliament unless such advance has been resumed to the Contingency Fund in accordance with the provisions of sub-rule (2).".

Tags : AMENDMENT   RULES   CONTINGENCY FUND  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved