Chapter 12, Part 2 · Art. 208

Contingencies Fund

2010-as-amended · effective 2010-08-27

Official text

(1) There is established a Contingencies Fund, the operation of which shall be in accordance with an Act of Parliament.
(2) An Act of Parliament shall provide for advances from the Contingencies Fund if the Cabinet Secretary responsible for finance is satisfied that there is an urgent and unforeseen need for expenditure for which there is no other authority.

In simple words

There is a Contingencies Fund, operated in accordance with an Act of Parliament.
Art. 208(1)
(1) There is established a Contingencies Fund, the operation of which shall be in accordance with an Act of Parliament.
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Advances from the fund are allowed if the finance Cabinet Secretary is satisfied there is an urgent and unforeseen need for expenditure.
Art. 208(2)
(2) An Act of Parliament shall provide for advances from the Contingencies Fund if the Cabinet Secretary responsible for finance is satisfied that there is an urgent and unforeseen need for expenditure for which there is no other authority.
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Kids explanation

A special emergency fund covers urgent, unexpected spending.
Art. 208(1)
(1) There is established a Contingencies Fund, the operation of which shall be in accordance with an Act of Parliament.
Read the full article →