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Section 70 - Jammu and Kashmir Reorganisation Act, 2019
70. Borrowing upon the security of Consolidated Fund of Union territory of Jammu and Kashmir.-
(1) The executive power of the Union territory extends to borrowing upon the security of the Consolidated Fund of the Union territory of Jammu and Kashmir within such limits, if any, as may, from time to time, be fixed by Legislative Assembly by law and to the giving of guarantees within such limits, if any, as may be so fixed.
(2) Any sums required for the purpose of invoking a guarantee shall be charged on the Consolidated Fund of the Union territory of Jammu and Kashmir.
Related Sections
- Section 87: Special provision as to income-tax
- Section 89: Provisions relating to other services
- Section 62: Special provision as to readjustment of Parliamentary and Assembly Constituencies on the basis of 2011 census
- Section 23: Rights of Lieutenant Governor to address and send messages to the Legislative Assembly
- Section 32: Extent of legislative power
Related Acts
- Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020
- Human Immunodeficiency Virus and Acquired Immune Deficiency Syndrome (Prevention and Control) Act, 2017
- Rights of Persons with Disabilities Act, 2016
- National Medical Commission Act, 2019
- Indian Institutes of Information Technology (Amendment) Act, 2017
* Only for reference.