Section 54 of ARA : Section 54: Custody, Etc, Of Consolidated Fund, Contingency Fund And Moneys Credited To The Public Account
ARA
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Explanation using Example
Imagine the government of Meghalaya receives a large sum of money from the central government for disaster management after a severe flood. According to Section 54 of The Assam Reorganisation (Meghalaya) Act, 1969, this money would be deposited into the Consolidated Fund of Meghalaya. The state legislature, which has the author...
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