SIKKIM CONTINGENCY FUND ACT, 1975

Act No. 03 of 1975

12th October, 1975

An Act "to provide for the establishment and maintenance of a Contingency Fund for the State of Sikkim Be it enacted by the Legislature of the State of Sikkim in the Twenty-Sixth Year of the Republic of India as follows

S.1 Short Title

This Act may be called the Sikkim Contingency Fund Act, 1975.

S.2 Establishment of the Contingency fund of the State of Sikkim

There shall be established a Contingency Fund in the nature of an imprest entitled the Contingency Fund of the State of Sikkim, into which shall be paid from and out of the Consolidated Fund of Sikkim a sum of twenty-five lakhs of rupees.

S.3 Custody of the Contingency fund and Withdrawal Therefrom

The Contingency Fund of the State of Sikkim shall be held on behalf of the Governor by a Secretary to the Government of Sikkim in the Finance Department, and no advances shall be made out of such Fund except for the purposes of meeting unforeseen expenditure pending authorisation of such expenditure by the Legislature of Sikkim under appropriations made by law.

S.4 Power To Make Rules

For the purpose of carrying out the objects 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 withdrawal of moneys from, the Contingency Fund of the State of Sikkim.