Insertion of new section 7A. Laying of review reports.
149. After section 7 of the Fiscal Responsibility Act, the following section shall be inserted, namely:—
"7A. The Central Government may entrust the Comptroller and Auditor-General of India to review periodically as required, the compliance of the provisions of this Act and such reviews shall be laid on the table of both Houses of Parliament.".
Notes on Clauses:
Clause 149 seeks to insert a new section 7A in the aforesaid Act relating to laying of review report before Parliament. It provides that the Central Government may entrust the Comptroller and Auditor-General of India to review periodically as required, the compliance of the provisions of this Act and such reviews shall be laid on the table of both Houses of Parliament.
