Section 46 of The Government of National Capital Territory of Delhi Act, 1991 in hindi
Consolidated Fund of the Capital.
- (1)As from such date as the Central Government may, by notification in the Official Gazette, appoint in this behalf, all revenues received in the Capital by the Government of India or the Lieutenant Governor in relation to any matter with respect to which the Legislative Assembly has power to make laws, and all grants made and 1 [all loans advanced to the Capital from the Consolidated Fund of India and all loans raised by the Government of India or by the Lieutenant Governor upon the security of the Consolidated Fund of the Capital] and all moneys received by the Capital in repayment of loans shall form one Consolidated Fund to be entitled "the Consolidated Fund of the National Capital Territory of Delhi" (referred to in this Act as the Consolidated Fund of the Capital).
- (2)No moneys out of the Consolidated Fund of the Capital shall be appropriated except in accordance with and for the purposes and in the manner provided in this Act.
- (3)The custody of the Consolidated Fund of the Capital, the payment of moneys into such Fund, the withdrawal of moneys therefrom and all other matters connected with or ancillary to those matters shall be regulated by rules made by the Lieutenant Governor with the approval of the President.
Summary
- The Consolidated Fund of the National Capital Territory of Delhi is a single combined fund established on a date appointed by the Central Government.
- This fund holds all government revenues received in Delhi for matters where the Delhi Legislative Assembly has power to make laws.
- It also contains all grants made to Delhi, loans advanced from the Consolidated Fund of India, loans raised using Delhi's fund as security, and all money received from the repayment of loans.
- Money can only be spent or withdrawn from this fund if it is done in accordance with the law, for specific purposes, and in the manner laid out in this Act.
- The custody, payments, withdrawals, and other administrative rules for this fund are decided by the Lieutenant Governor with the approval of the President of India.
Practical examples
FAQ
1. What exactly is the Consolidated Fund of the Capital?
It is the main bank account of the Delhi Government, containing all revenues, grants, loans, and loan repayments related to matters within the legislative power of the Delhi Assembly.
2. Who can authorize withdrawals from the Consolidated Fund of the Capital?
Withdrawals can only be made if they are appropriated (authorized) by a law passed by the Legislative Assembly in the manner provided by the Act.
3. Who sets the rules for managing the custody and operations of this fund?
The Lieutenant Governor makes these rules, but they must be approved by the President of India.
4. Can money from the Consolidated Fund of the Capital be spent on any purpose?
No, money can only be withdrawn or spent if it is done in accordance with and for the purposes and in the manner provided by the Act.
Test yourself
Q1.Under Section 46 of The Government of National Capital Territory of Delhi Act, 1991, which of the following is NOT credited to the Consolidated Fund of the Capital?
Q2.Under Section 46 of The Government of National Capital Territory of Delhi Act, 1991, who must approve the rules made by the Lieutenant Governor regarding the custody and withdrawal of money from the Consolidated Fund?
Q3.Under Section 46 of The Government of National Capital Territory of Delhi Act, 1991, how must any appropriation or spending of money out of the Consolidated Fund of the Capital be made?
Q4.Under Section 46 of The Government of National Capital Territory of Delhi Act, 1991, which authority can raise loans on the security of the Consolidated Fund of the Capital?