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Act Description : THE KARNATAKA CONTINGENCY FUND (TEMPORARY AMENDMENT) ORDINANCE, 2003
Act Details :-
KARNATAKA ORDINANCE NO. 9 OF 2003

THE KARNATAKA CONTINGENCY FUND (TEMPORARY AMENDMENT) ORDINANCE, 2003

Arrangement of Sections

Sections:

1. Short title and commencement

2. Temporary increase of the amount in the Karnataka Contingency Fund

THE KARNATAKA CONTINGENCY FUND (TEMPORARY AMENDMENT) ORDINANCE, 2003

(Promulgated by the Governor of Karnataka in the fifty fourth year of the Republic of India and First published in the Karnataka Gazette Extra-ordinary on the 23rd day of October, 2003)

An Ordinance to provide for a temporary increase of the amount in the Karnataka Contingency Fund.

Whereas it is expedient to provide for a temporary increase of the amount in the Karnataka Contingency Fund:

And whereas both the Houses of the State Legislature are not in session and the Governor of Karnataka is satisfied that the circumstances exist which render it necessary for him to take immediate action to provide for a temporary increase of the amount in the Karnataka contingency Fund.

Now, therefore, in exercise of the powers conferred by clause (1) of Article 213 of the Constitution of India, the Governor of Karnataka is pleased to promulgate the following ordinance, namely:-

1. Short title and commencement.-

(1) This Ordinance may be called the Karnataka Contingency Fund (Temporary Amendment) Ordinance, 2003.

(2) It shall come into force at once.

2. Temporary increase of the amount in the Karnataka Contingency Fund.-

Notwithstanding anything contained in section 2 of the Karnataka Contingency Fund Act, 1957 (Karnataka Act 11 of 1957), during the period this Ordinance remains in force, a sum of one hundred crores of rupees shall be paid from and out of the Consolidated Fund of the State into the Contingency Fund of the State of Karnataka.
Act Type :- Karnataka State Acts
 
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