Assam · 2005 · Act 42

The Assam Fiscal Responsibility and Budget Management (Amendment) Act, 2005

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Registered No. - 768/97 <3l'Sr9 |7£j THE ASSAM GAZETTE EXTRAORDINARY SIT® 3<MP|vd PUBLISHED BY AUTHORITY H°314 W R R , 13 O T W , 2005, 22 W , 1927 («Rs) No.314 Dispur, Tuesday, 13th September, 2005,22nd Bhadra, 1927 (S.E.) GOVERNMENT OF ASSAM ORDERS BY THE GOVERNOR LEGISLATIVE DEPARTMENT:: LEGISLATIVE BRANCH NOTIFICATION The 12th September, 2005 No. LGL.59/2005/28.-- The following Act of the Assam Legislative Assembly which received the assent o f the Governor is hereby published for general information. 2274 THE A SSA M GAZETTE, EXTRAORDINARY, SEP. 13. 2005 i ASSAM ACT NO. XXXXII OF 2005 ( Received the assent of the Governor on 7th September, 2005 ) The Assam Fiscal Responsibility and Budget Management (Amendment) Act, 2005 AN ACT further to amend the A ssam Fiscal R esponsibility and Budget Management Preamble W hereas it is expedient further to am end the Assam Act Assam Fiscal Responsibility and Budget M anagement xxvn of Act, 2005 hereinafter referred to as the principal Act, in the manner hereinafter appearing; It is hereby enacted in the Fifty-sixth Year o f the Republic o f India as follows :- Short title, extent and commence­ ment. Amendment of section 4. 1. (1) This Act m ay be called the A ssam Fiscal R esp o n sib ility and B udget M an ag em en t (Amendment) Act, 2005 (2) It shall have the like extent as the principal Act. (3) It shall come into force at once. { 2. In the principal Act, in section 4, in sub-section (3),- (i) in clause (i), for the existing provision, the following shall be substituted, namely :- “(i) eliminate revenue deficit within four financial years beginning on the first day o f April, 2005 and ending on the 31 st day o f M arch, 2009;” ; (ii) in clause, (v), for the existing provision, the following shall be substituted, nam ely :- “(v) reduce fiscal deficit to 3% o f the estimated Gross State Dom estic P roduct w ithin a period o f four financial years beginning in the 1 st day o f April, 2005 and ending on 31 st March, 2009;” ; THE ASSAM GAZETTE, EXTRAORDINARY, SEP. 13, 2005 2275 Insertion of 3. In the principal Act, after section 12, the following new section new^ection 12 A shall be inserted, namely “ 12 A. Bar o f jurisdiction o f Civil Court.- No civil court shall have jurisdiction to question the legality of any action taken by, or any decision o f the State Government, underthis Act.” M. K. DEKA, Commissioner & Secretary to the Govt, of Assam, Legislative Department, Dispur. GUWAHATI- Printed & Published by the Dy. Director (P&S), Directorate of Ptg. & Sty., Assam, Guwahati-21 (Ex-Gazette) No. 627-500-600-13-9-2005.

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