## CONSTITUTION 266

### CONSTITUTION 266 — Consolidated Funds and public accounts of India and of the States
- https://unisonlegal.in/statutes/constitution/266

> 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".
(2) All other public moneys received by or on behalf of the Government
of India or the Government of a State shall be credited to the public account of
India or the public account of the State, as the case may be.
(3) No moneys out of the Consolidated Fund of India or the Consolidated
Fund of a State shall be appropriated except in accordance with law and for the
purposes and in the manner provided in this Constitution.