PART V THE UNION CHAPTER II.- PARLIAMENT Procedure in Financial Matters
115. Supplementary, additional or excess grants.- (1) The
Preisident shall- (a) if the amount authorised by any law made in accordance with the
provisions of article 114 to be expended for a particular service for the current
financial year is found to be insufficient for the purposes of that year or when a need
has arisen during the current financial year for supplementary or additional expenditure
upon some new service not contemplated in the annual financial statement for that year, or
(b) if any money has been spent on any service during a financial year in excess of the
amount granted for that service and for that year, cause to be laid before both the Houses
of Parliament another statement showing the estimated amount of that expenditure or cause
to be presented to the House of the People a demand for such excess, as the case any be.
(2) The provisions of articles 112, 113 and 114 shall have effect in relation to any such
statement and expenduture or demand and also to any law to be made authorising the
appropriation of moneys out of the Consolidated Fund of India to meet such expenditure or
the grant in respect of such demand as they have effect in relation to the annual
financial statement and the expenditure mentioned therein or to a demand for a grant and
the law to be made for the authorisation of appropriation of moneys out of the
Consolidated Fund of India to meet such expenditure or grant. |