Nagaland · 2009 · Act 8
The Nagaland Fiscal Responsibility and Budget Management (Amendment) Act, 2009
In forceFull text· FINANCE
This Act is not split into sections here yet, so this is the full text read from its official PDF. Older scans can carry reading errors: check the PDF before you quote it, and for tables and schedules.
The Nagaland Fiscal Responsibility and Budget Management (Amendment)
Act, 2009.
(Act No. 8 of 2009)
Received the assent ofthe Governor ofNagaland on28/09/2009 and published
in the Nagaland Gazette Extraordinary dated: 9' of October, 2009.
To further amend the Nagaland Fiscal Responsibiity and Budget Management
Act, 2005.
Be it enacted by the Nagaland Legislative Assembly in the sixtieth year of the
Republic of India as follows :-
1. SHORT TITLE AND COMMENCEMENT
(1) This Act may be called the Nagaland Fiscal Responsibility and Budget
Management (Amendment) Act, 2009.
(2) It shall come into force with immediate effect.
2. Amendment of Section 9:-
Section 9 clause 2 sub-clause (IT) of the principal Act shall be substituted by
the following:- "strive to bring down fiscal deficit to 3.5% of project Gross
State Domestic Product (GSDP) by the ending 3 1" March 2010."