CONSTITUTION PART TEN
 
73. No Tax to be Levied or Loan to be Raised Except in Accordance with Law:
No tax shall be levied and collected except in accordance with law.
No loan shall be raised or guarantee be given by His Majesty's Government except in accordance with law.
 
74. Consolidated Fund:
Except the revenues of religious endowments[9], all revenues received by His Majesty's Government, all loans raised on the security of revenues and all moneys received in repayment of any loan made under the authority of any Act shall, unless otherwise provided by an Act, be credited to a Government Fund to be known as the Consolidated Fund.
 
75. Expenditures From the Consolidated Fund or a Government Fund:
No expenditure shall be incurred out of the Consolidated Fund or any other Government Fund except the following:
(a) moneys charged on the Consolidated Fund;
(b) moneys required to meet the expenditure under an Appropriation Act;
(c) advance moneys authorised by an Act required to meet expenditures, when an Appropriation Bill is under consideration; or (d) expenditures to be incurred in extraordinary circumstances under a Vote of Credit Act which contains only a description of expenditures: Provided that matters relating to the Contingency Fund shall be governed in accordance with the provisions of Article 82.
 
76. Expenditure Chargeable on the Consolidated Fund:
The expenditures related to the following matters shall be charged on the Consolidated Fund and yearly approval of Parliament for these expenditures shall not be required:
(a) the amount provided by the Act relating to expenditures on the Royal Family;
(b) the amount required as remuneration, privileges and pension payable to the Chief Justice of Nepal and other Judges of the Supreme Court;
(c) the amount required as remuneration and privileges payable to the following officials:
the Speaker and Deputy-Speaker of the House of Representatives.
the Chairman and Vice-Chairman of the National Assembly.
the Chairman and members of the Standing Committee of the Raj Parishad.
the Chief Commissioner and other Commissioners of the Commission for the Investigation of the Abuse of Authority.
the Auditor-General.
the Chairman and members of the Public Service Commission.
the Chief Election Commissioner and other Election Commissioners.
(d) the administrative expenses of the Supreme Court, the Raj Parishad, the Commission for the Investigation of the Abuse of Authority, the Department of the Auditor-General, the Public Service Commission and the Election Commission;
(e) all charges relating to debts for which His Majesty's Government is liable;
(f) any sum required to satisfy any judgment or decree of a court against His Majesty's Government; and
(g) any sum declared by law to be chargeable on the Consolidated Fund.
 
77. Estimates of Revenues and Expenditures:
His Majesty shall, in respect of every financial year, cause to be laid before a joint sitting of Parliament an annual estimate including the following matters: -
(a) an-estimate of revenues;
(b) the moneys required to meet the charges on the Consolidated Fund; and
(c) the moneys required to meet the expenditure to be provided for by an Appropriation Act.
 
78. Appropriation Act: :
The moneys required to meet the expenditure-to be provided for by any Appropriation Act shall be specified under appropriate heads in an Appropriation Bill.
 
79. Supplementary Estimates:
His Majesty shall, in respect of any financial year, cause to be laid before the House of Representatives a supplementary estimate if it is found -
(a) that the sum authorised to be spent for a particular service by the Appropriation Act for the current financial year is insufficient, or that a need has arisen for expenditures upon new services not provided for by the Appropriation Act for that year; or
(b) that the expenditures made during that financial year are in excess of the amount authorised by the Appropriation Act.
The sums included in the supplementary estimates shall be specified under separate heads in a Supplementary Appropriations Bill.
   
80. Votes of Credit:
Notwithstanding anything contained in this Part, a portion of the expenditure estimated for the financial year may, when an Appropriation Bill is under consideration, be incurred in advance by an Act.
A Vote on Account Bill shall not be submitted until the estimates of revenues and expenditures have been presented in accordance with the provisions of Article 77 and the amounts involved in the Vote on Account shall not exceed one-third of the estimate of expenditures for the financial year.
The expenditures incurred in accordance with the Vote on Account Act shall be included in the Appropriation Bill.
 
81. Votes of Credit:
Notwithstanding anything contained in this Part, if owing a local or national emergency due to either natural cause, a threat of external aggression or internal disturbances, or other reasons, His Majesty is of the opinion that it is impractical or inexpedient in view of the security or interest of the State to specify the details required under Article 77, He may cause to be laid before the House of Representatives a Vote of Credit Bill giving only a description of the proposed expenditures.
82. Contingency Fund:
An Act may create a Contingency Fund into which shall be paid from time to time such moneys as may be determined by law. Such Fund shall be under the control of His Majesty's Government, and any unforeseen expenditures shall be met out of such Fund by His Majesty's Government. The amount of the expenditures so met shall be reimbursed as soon as possible by an Act.
83. Act Relating to Financial Procedure:
Matters relating to the transfer of moneys appropriated from one head to another and other financial procedures shall be regulated by an Act.