The Assam Fiscal Responsibility and Budget Management (Amendment) Act, 2009
Preamble
300S 8STRU ITXA ATTISAD MA 28 XVIy 18 3 74-936/29 Registered No. 768/97 UVXXI Isyonng adf as of bemiotyy . joghud bas prilidianoganA GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR LEGISLATIVE DEPARTMENT :: LEGISLATIVE BRANCH NOTIFICATION 99TO5 The 28th August, 2009 No.LGL.59/2005/52 :-- The following Act of the Assam Legislative Assembly which received the assent of the Governor is hereby published for general information. ASSAM ACT NO. XVIII OF 2009 (Received the assent of Governor on 26th August, 2009) THE ASSAM FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (AMENDMENT) ACT, 2009 10 11 D-x THE ASSAM GAZETTE, EXTRAORDINARY, AUGUST 28, 2009 AN ACT further to amend the Assam Fiscal Responsibility and Budget Management Act, 2005. Preamble Whereas it is expedient further to amend the Assam Fiscal Responsibility and Budget Management Act, 2005, hereinafter referred to as the principal Act, in the manner hereinafter appearing; Assam Act XXVII of 2005 It is hereby enacted in the Sixtieth Year of the Republic of India as follows: - Short title, extent and commencement
The Act
The numbering on the scan does not hold together, so the text is shown whole rather than split into sections. Splitting it wrongly would file one section's words under another's number.
300S 8STRU ITXA ATTISAD MA 28 XVIy 18 3 74-936/29 Registered No. 768/97 UVXXI Isyonng adf as of bemiotyy . joghud bas prilidianoganA GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR LEGISLATIVE DEPARTMENT :: LEGISLATIVE BRANCH NOTIFICATION 99TO5 The 28th August, 2009 No.LGL.59/2005/52 :-- The following Act of the Assam Legislative Assembly which received the assent of the Governor is hereby published for general information. ASSAM ACT NO. XVIII OF 2009 (Received the assent of Governor on 26th August, 2009) THE ASSAM FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT (AMENDMENT) ACT, 2009 10 11 D-x THE ASSAM GAZETTE, EXTRAORDINARY, AUGUST 28, 2009 AN ACT further to amend the Assam Fiscal Responsibility and Budget Management Act, 2005. Preamble Whereas it is expedient further to amend the Assam Fiscal Responsibility and Budget Management Act, 2005, hereinafter referred to as the principal Act, in the manner hereinafter appearing;
Assam Act XXVII of 2005 It is hereby enacted in the Sixtieth Year of the Republic of India as follows: - Short title, extent and commencement 1. (1) This Act may be called the Assam Fiscal Responsibility and Budget Management (Amendment) Act, 2009. (2) It shall have the like extent as the principal Act. (3) It shall be deemed to have come into force on the first day of September, 2005. the day on which the principal Act came into force. 2. In the principal Act, in section 4, in sub-section (3), - (i) for the existing clause (v), the following shall be substituted, namely: - section 4 Amendment of "(v) reduce fiscal deficit to 3.5% of the estimated Gross State Domestic Product within a period of five financial years beginning on the 1st day of April, 2005 and ending on the 31st day of March, 2010;";
(ii) for the existing clause (viii), the following shall be substituted, namely : - "(viii) State Government guarantee for the loans contracted by Public Sector . Undertakings, Boards, Companies, Corporations, Cooperative Societies or Autonomous organizations under the State Government, shall be restricted at any point of time to fifty percent of State's own tax and non-tax revenue of the second preceding year, as reflected in the books of accounts as maintained by the Accountant General and this limit is fixed as per Article 293 (1) of the Constitution of India;". dojrw vidovoz: (200S jauguA doS no nomevon) MOHD. A. HAQUE, Secretary to the Government of Assam, Legislative Department, Dispur. GUWAHATI - Printed and published by the Dy. Director (P&S) Directorate of Ptg. and Sty., Assam Guwahati-21 (Ex-Gazette) No.
515-500+600-28-8-2009.
Provenance. Read from the Government's own scanned gazette with Azure Document Intelligence, and shown whole: the section numbering on the scan does not hold together (fewer than 3 sections), and a wrong split would file one section's words under another section's number. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/63c6b70d-7fcf-4af5-9f80-feb8ea20bb3a.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/1d44c979-9f35-44d6-b346-dc1fff1c1e57/content).
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Every one of the 0 sections of this Act has its own page. This page is not a substitute for legal advice.