What is the relationship between laws made by Parliament regarding financial procedure and rules made by Houses of Parliament under Article 118(1)?
The relationship between laws made by Parliament regarding financial procedure and rules made by Houses of Parliament under Article 118(1) is that the former can prevail over the latter if they are inconsistent. This means that if there is a conflict between the provisions of a law regulating financial procedure in Parliament and the rules made by each House under Article 118(1), the provisions of the law will take precedence over the rules made by the Houses.