Provided that no order shall be made under this section after the expiry of two years from the commencement of this Act.
(2) Every order made under this section shall be laid as soon as may be after it is made, before each House of the State Legislature.
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Section 1 · Short title and commencementSection 2 · DefinitionsSection 3 · Medium Term Fiscal Restructuring Policy to be laid before the LegislatureSection 4 · Fiscal Management PrinciplesSection 5 · Measures for Fiscal TransparancySection 6 · Measures to enforce complianceSection 7 · Powers to make rulesSection 8 · Protection of action taken in good faithIndia Code, Government of India. Text fetched 19 Oct 2026. Source metadata reports last modification: 2024-05-10. Check the linked official text and subsequent notifications when applying a provision.