An Act to authorise payment and appropriation of certain sums from and out of the Consolidated Fund of India for the services of the financial year 2008-09 for the purposes of Railways.
Be it enacted by Parliament in the Fifty-ninth Year of the Republic of India as follows:--
Section 1. Short title
This Act may be called the Appropriation (Railways) No. 3 Act, 2008.
Section 2. Issue of R& 147667,843,000 out of Consolidated Fund of India for financial year 2008-09
From and out of the Consolidated Fund of India there may be paid and applied sums not exceeding those specified in column 3 of the Schedule amounting in the aggregate [inclusive of the sums specified in column 3 of the Schedule to the Appropriation (Railways) Vote on Account Act, 2008(1 of 2008)] to the sum of one lakh forty-seven thousand six hundred sixty-seven crore, eighty-four lakh and fifty-three thousand rupees towards defraying the several charges which will come in course of payment during the financial year 2008-09, in respect of the services relating to Railways specified in column 2 of the Schedule.
Section 3. Appropriation
The sums authorised to be paid and applied from and out of the Consolidated Fund of India by this Act shall be appropriated for the services and purposes expressed in the Schedule in relation to the said year.