Finance Bill - Law Dictionary Search Results
Home Dictionary Name: finance billFinance bill
Finance bill, is a Bill to give legislative effect to financial proposals embodied in the annual budget, Parliamentary Dictionary, L.A. Abraham, and S.C. Hawtrey, 1956, p. 102....
Money of account, money of measurement money of payment
Money Bill, cannot be introduced in the Council of States. [Constitution of India, Art. 109(1)]Money Bill, cannot be referred to Joint Committee, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 74.Money Bill, in India, the Speaker endorses certificate on Money Bill, Rules of Procedure and Conduct of Business in Lok Sabha, 10th Edn., 2002, r. 96.Money Bill, is a Bill which contains only provisions dealing with the imposition, repeal, remission, alteration or regulation of taxation etc., Parliamentary Practice, Erskine May, 22nd Edn., 1997, p. 806.Money Bill, on a Bill being introduced in the Council at a subsequent stage if an objection is taken that the Bill is a Money Bill, the Chairman shall, if he holds the objects valid, direct the termination of further proceeding of the Bill. If Chairman is doubtful regarding the validity of the objection, he shall refer the matter to the Speaker whose decision on the matter shall be final, Rules of Procedure and Cond...
Bill
Bill. See BILL IN CHANCERY; BILL OF EXCHANGE; BILL IN PARLIAMENT, etc.The word 'Bill' in the proviso must be interpreted to include an amendment of any of the clause of the Bill, at least any substantial amendment thereof, Babulal Parate v. State of Bombay, AIR 1960 SC 51 (55): (1960) 1 SCR 605. (Constitution of India, Art. 3, Proviso)Bill, in the Indian Parliament, a bill can originate in either House of Parliament. However a Money Bill and a Bill containing inter alia provisions attracting clause (1) of Article 110 of the Constitution cannot be introduced in Rajya Sabha, Constitution of India, Article 107.Bill, in England, a bill may be introduced either in the House of Commons or in the House of Lords but a great majority are introduced in the lower House; Generally, no Bill involving finance may be introduced in the House of Lords and in practice only routine and non-controversial Legislation is initiated in the Upper House. The office of the Speaker in the Parliament of Commonweal...
Finance Acts
Finance Acts. In and after 1894 the Annual Taxing Acts, which had for a long time borne the short titles of 'Customs and Inland Revenue Acts,' have borne the short titles of 'Finance Acts.' The Finance Act incorporates the Budget which is the Chancellor of the Exchequer's annual statement or report of the financial results of the past year, estimated expenditure and income of the coming year and proposals in regard to taxation. These proposals are passed into law by the Finance Act but are enforced as soon as a resolution of the Committee of Ways and Means agrees to them in order to prevent forestalling and anticipation in commodities. See Halsb. L.E., title 'Parliament (Ways and Means).'...
Industrial Finance Corporation
Industrial Finance Corporation, means the Indus-trial Finance Corporation of India Limited formed and registered under the Companies Act, 1956. [Industrial Development Bank of India Act, 1964, s. 2(d)]Means the Industrial Finance Corporation of India established under the Industrial Finance Corpora-tion Act, 1948. [Reserve Bank of India Act, 1934 (2 of 1934), s. 2 (c)]...
bill
bill 1 : a draft of a law presented to a legislature for enactment ;also : the law itself [the GI ] ap·pro·pri·a·tions bill [ə-prō-prē-ā-shənz-] : a bill providing money for government expenses and programs NOTE: Appropriations bills originate in the House of Representatives. bill of attainder 1 : a legislative act formerly permitted that attainted a person and imposed a sentence of death without benefit of a judicial trial see also attainder compare bill of pains and penalties in this entry 2 : a legislative act that imposes any punishment on a named or implied individual or group without a trial NOTE: Bills of attainder are prohibited by Article I of the U.S. Constitution. bill of pains and penalties : a legislative act formerly permitted that imposed a punishment less severe than death without benefit of a judicial trial compare bill of attainder in this entry NOTE: The term bill of attainder is often used to include bills of p...
Bill of Exchange
Bill of Exchange. Defined in the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 3, as an 'unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.'It is a chose in action, but, for the encouragement of commerce, it is assignable, at Common Law, by mere endorsement, so that very many names are frequently attached to one bill as endorsers, and each of them is liable to be sued upon the bill, if it be not paid in due time. the person who makes or draws the bill is called the drawer, he to whom it is addressed is, before acceptance, the drawee, and after accepting it, the acceptor; the person in whose favour it is drawn is the payee; if he endorse the bill to another, he is called the endorser, and the person to whom it is thus assigned or negotiated ...
Finance Committee
Finance Committee, 'Finance Committee' means the Finance Committee of the University. [Maulana Azad National Urdu University Act, 1996, (2 of 1997), s. 2(J)]...
Bill of sale
Bill of sale, an assignment by deed of chattels personal, whether absolute or by way of security. See Twyne's case, (1602) 3 Rep. 80 [44 Eliz.], and 1 Sm. L. C. 1 et seq., where the principal cases are collected.The registration of bills of sale was first required in 1854 by 17 & 18 Vict. c. 31, which enacted that every bill of sale should be void as against assignees in bankruptcy and execution creditors, unless the bill or a copy thereof should have been filed in the Court of Queen's Bench within 21 days after its execution, together with an affidavit of the time of the bill of sale being given, and a description of the residence and occupation of the deponent and of every attesting witness of the bill of sale. In 1866, by 29 & 30 Vict. c. 96, registration had to be renewed every five years. The two Acts were consolidated with some important amendments by the (English) Bills of Sale Act, 1878 (41 & 42 Vict. c. 31). The principal amendments were these:-The period within which to regis...
bill of lading
bill of lading clean bill of lading : a bill of lading that does not have any notations written or otherwise marked on it that qualify or amend the bill negotiable bill of lading : order bill of lading in this entry nonnegotiable bill of lading : straight bill of lading in this entry order bill of lading : a bill of lading under which the goods are to be delivered to the person named in the bill or to the named person's order or to the bearer of the bill called also negotiable bill of lading compare straight bill of lading in this entry straight bill of lading : a bill of lading that names the only person to whom the goods may be delivered called also nonnegotiable bill of lading compare order bill of lading in this entry ...
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