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