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Provided that the President may at any time after the |
expiration of five years from such commencement terminate |
or modify any such agreement if, after consideration of |
the report of the Finance Commission constituted under |
article 280, he thinks it necessary to do so. |
307. Appointment of authority for carrying out the purposes of |
articles 301 to 304.—Parliament may by law appoint such authority as it |
considers appropriate for carrying out the purposes of articles 301, 302, 303 |
and 304, and confer on the authority so appointed such powers and such duties |
as it thinks necessary. |
PART XX |
AMENDMENT OF THE CONSTITUTION |
368 Procedure for amendment of the Constitution- |
An amendment of this Constitution may be |
initiated only by the introduction of a Bill |
for the purpose in either House of Parlia- |
ment, and when the Bill is passed in each |
House by a majority of the total membership of that House |
and by a majority of not less than two-thirds of the members |
of that House present and voting, it shall be presented to |
the President for his assent and upon such assent being |
given to the Bill, the Constitution shall stand amended in |
accordance with the terms of the Bill : |
Provided that if such amendment seeks to make any |
change in - |
(a) article 64, article 55, article 73, article 162 or |
article 241, or |
(b) Chapter IV of Part V, Chapter V of Part VI, |
or Chapter I of Part XI, or |
(c) any of the Lists in the Seventh Schedule, or |
(d) the representation of States in Parliament, or |
(e) the provisions of this article, |
the amendment shall also require to be ratified by the |
Legislatures of not less than one-half of the States specified |
in Parts A and B of the First Schedule by resolutions to |
that effect passed by those Legislatures before the Bill |
making provision for such amendment is presented to the |
President for assent. |
198 |
PART XXII |
SHORT TITLE, COMMENCEMENT AND REPEALS |
393. Short title.—This Constitution may be called the Constitution of |
India. |
394. Commencement.—This article and articles 5, 6, 7, 8, 9, 60, 324, |
366, 367, 379, 380, 388, 391, 392 and 393 shall come into force at once, and |
the remaining provisions of this Constitution shall come into force on the |
twenty-sixth day of January, 1950, which day is referred to in this Constitution |
as the commencement of this Constitution. |
395. Repeals.—The Indian Independence Act, 1947, and the |
Government of India Act, 1935, together with all enactments amending or |
supplementing the latter Act, but not including the Abolition of Privy Council |
Jurisdiction Act, 1949, are hereby repealed. |
217 |
PART XII |
FINANCE, PROPERTY, CONTRACTS AND SUITS |
CHAPTER I.—FINANCE |
General |
264. Interpretation.— |
In this Part, unless the context otherwise |
requires, |
(a) "Finance Commission" means a Finance |
Commission constituted under article 280 , |
(b) " State" does not include a State specified in |
Part C of the First Schedule ; |
(c) references to States specified in Part C of the |
First Schedule shall include references to any |
territory specified in Part D of the First |
Schedule and any other territory comprised |
within the territory of India but not speci- |
fied in that Schedule. |
265. Taxes not to be imposed save by authority of law.—No tax shall |
be levied or collected except by authority of law. |
266. Consolidated Funds and public accounts of India and of the |
States.—(1) Subject to the provisions of article 267 and to the provisions of |
this Chapter with respect to the assignment of the whole or part of the net |
proceeds of certain taxes and duties to States, all revenues received by the |
Government of India, all loans raised by that Government by the issue of |
treasury bills, loans or ways and means advances and all moneys received by |
that Government in repayment of loans shall form one consolidated fund to be |
entitled “the Consolidated Fund of India”, and all revenues received by the |
Government of a State, all loans raised by that Government by the issue of |
treasury bills, loans or ways and means advances and all moneys received by |
that Government in repayment of loans shall form one consolidated fund to be |
entitled “the Consolidated Fund of the State”. |