Amendment of section 7 :
Section – 215. In section 7 of the principal Act,—
(a) | in sub-section (1), for the words “every quarter”, the words “on half-yearly basis” shall be substituted; | |
(b) | after sub-section (1), the following sub-section shall be inserted, namely:— | |
“(1A) The Central Government shall prepare a monthly statement of its accounts.”; | ||
(c) | in sub-section (2), for the words “pre-specified levels mentioned in the Fiscal Policy Strategy Statement and the rules made under this Act”, the words “prescribed levels” shall be substituted. |