What is the function of the Consolidated Fund and the Contingency Fund of a State?
The function of the Consolidated Fund and the Contingency Fund of a State is to regulate the custody of these funds, the payment of moneys into such funds, the withdrawal of moneys from them, the custody of public moneys other than those credited to such funds received by or on behalf of the Government of the State, their payment into the public account of the State, and all other matters connected with or ancillary to these matters. These functions are regulated by law made by the Legislature of the State, and until provision in that behalf is so made, they shall be regulated by rules made by the Governor of the State.