The Bihar Contingency Fund (Amendment) Act, 2015
Preamble
THE BIHAR CONTINGENCY FUND (AMENDMENT) ACT, 2015 [Bihar Act 4, 2015] AN ACT TO AMEND THE BIHAR CONTINGENCY FUND (AMENDMENT) ACT, 2012 (BIHAR ACT 13, 2012). Preamble. - WHEREAS, to ensure the expenditure under Central Sector Scheme, Centrally sponsored schemes and Central Assistance to State Plan in which major changes have been made by the Government of India and for which budget provision has not been made and the expenditure is required to be made imediately, to ensure remunerative price to farmers, of their produce, wheat/paddy has to be procured through the PACS; AND WHEREAS, irregular monsoon and the resultant fall in ground water level sometimes adversely affect the agriculture and create drinking water problem and there is apprehension of flood in some areas, Which requires relief and rehabilitation measures to be undertaken on an emergent and massive scale, and for undertaking of many other essential works, And For which the present permanent corpus of Rs 350 (Three hundred fifty) crore of contingency funds, along with the temporary corpus of up to 3% of the expenditure budget, which was provided for vide insertion of clause 4A of Bihar contingency fund (Amendment) Act of 2012, may be insuffecient; Be it enacted by the legislature of the State of Bihar in the Sixty sixth year of the Republic of India as follows :- e
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.
THE BIHAR CONTINGENCY FUND (AMENDMENT) ACT, 2015 [Bihar Act 4, 2015] AN ACT TO AMEND THE BIHAR CONTINGENCY FUND (AMENDMENT) ACT, 2012 (BIHAR ACT 13, 2012). Preamble. - WHEREAS, to ensure the expenditure under Central Sector Scheme, Centrally sponsored schemes and Central Assistance to State Plan in which major changes have been made by the Government of India and for which budget provision has not been made and the expenditure is required to be made imediately, to ensure remunerative price to farmers, of their produce, wheat/paddy has to be procured through the PACS; AND WHEREAS, irregular monsoon and the resultant fall in ground water level sometimes adversely affect the agriculture and create drinking water problem and there is apprehension of flood in some areas, Which requires relief and rehabilitation measures to be undertaken on an emergent and massive scale, and for undertaking of many other essential works, And For which the present permanent corpus of Rs 350 (Three hundred fifty) crore of contingency funds, along with the temporary corpus of up to 3% of the expenditure budget, which was provided for vide insertion of clause 4A of Bihar contingency fund (Amendment) Act of 2012, may be insuffecient;
Be it enacted by the legislature of the State of Bihar in the Sixty sixth year of the Republic of India as follows :- e 1. Short title and commencement- (1) This Act may be called the Bihar Contingency Fund (Amendment) Act, 2015. (2) It shall come into force at once. 2. Amendment in section 4A in the Bihar contingency fund (Amendment) Act, 2012 (Bihar Act 13, 2012)- In section 4A the word "3 (Three) percent" shall be subsitituted by word "4 (Four) percent" in the Bihar Contingency Fund (Amendment) Act, 2012 (Bihar Act 13, 2012). By order of the Governor of Bihar, AKHILESH KUMAR JAIN, Secretary to Government. liac
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