TMI BlogDefinition of "Money Bills"X X X X Extracts X X X X X X X X Extracts X X X X ..... (b) the regulation of the borrowing of money or the giving of any gurantee by the State, or the amendment of the law with respect to any financial obligations undertaken or to be undertaken by the State; (c) the custody of the Consolidated Fund or the Contingency Fund of the State, the payment of moneys into or the withdrawal of moneys from any such Fund; (d) the appropriation of moneys out of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rposes. (3) If any question arises whether a Bill introduced in the Legislature of a State which has a Legislative Council is a Money Bill or not, the decision of the Speaker of the Legislative Assembly of such State thereon shall be final. (4) There shall be endorsed on every Money Bill when it is transmitted to the Legislative Council under article 198, and when it is presented to the Governor f ..... X X X X Extracts X X X X X X X X Extracts X X X X
|