# The Finance Act, 2018, Section 215: Amendment of section 7

- Act: The Finance Act, 2018 (Act 13 of 2018)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2018/section/215/

## Text

Amendment of section 7 215. In section 7 of the principal Act,— (a) | in sub-section (1), for the words "every quarter", the words "on half-yearly basis" shall be substituted; (b) | after sub-section (1), the following sub-section shall be inserted, namely:— "(1A) The Central Government shall prepare a monthly statement of its accounts."; (c) | in sub-section (2), for the words "pre-specified levels mentioned in the Fiscal Policy Strategy Statement and the rules made under this Act", the words "prescribed levels" shall be substituted.

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