CONTINGENCIES FUND



CONTINGENCIES FUND
AN ACT TO CREATE A CONTINGENCIES FUND AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH .
[8th July
, 1948
]
Short title.

1. This Act may be cited as the Contingencies Fund Act.

Contingencies Fund.

2.

(1) The sum of Rs. 250,000 specified in the item ” Head 36, Miscellaneous Services Vote 4″ in the Schedule to the Appropriate Act, No. 1 of 1948, shall be deemed to be part of a Contingencies Fund which is hereby created for use in the circumstances, and in the manner, set out in section 68 of Ceylon (constitution) Order in Council, 1946. The Contingencies Fund so created is hereinafter referred to as ” the Fund”.

(2) There shall be credited to the Fund all such money as may from time to time be voted by the Parliament as allocations to the Fund.

(3) Any payment heretofore made out of the sum of Rs. 250,000 referred to in subsection (1) shall be deemed to be an advance made from the Fund.

Custody and accounts of the Fund

3. The Deputy Secretary to the Treasury shall have the custody of the Fund and shall keep the account relating thereto.

Chapter 415 , Volume No. 12 Page No.249.