Part XII - Finance & Property • Article

Article 264 Simplified: Interpretation

Article 264 defines the term 'Finance Commission' specifically for this Part of the Constitution, clarifying that it refers directly to the independent constitutional commission set up under Article 280.

Official Text

In this Part, “Finance Commission” means a Finance Commission constituted under article 280.]

Simple Meaning

Explain Like Ten

This rule is like a small dictionary entry. It says that whenever this chapter talks about the 'Finance Commission', it means the official group of experts set up under Article 280 who decide how tax money is shared.

Student Mode

Article 264 is the interpretation clause for Part XII (Finance). It defines 'Finance Commission' exclusively as the commission constituted under Article 280. This anchors all subsequent provisions in Part XII that deal with tax devolution and grants-in-aid to the recommendations of this specific, independent constitutional body.

Example

When reading about tax revenue distribution under Article 270, the 'Finance Commission' referenced there is officially defined by Article 264 as the commission set up under Article 280.

Key Takeaway

Article 264 links Part XII financial rules to the independent Finance Commission set up under Article 280.

FAQs

Why does Article 264 have a specific interpretation clause?

To avoid any legal ambiguity by clearly linking any mention of the 'Finance Commission' in Part XII to the official body established under Article 280.

Does Article 264 contain other definitions?

Originally it did, but currently it only contains the definition of the Finance Commission under Article 280.

Quiz

Under Article 264, the term 'Finance Commission' refers to the commission constituted under which article?

Answer: Article 280

Which part of the Constitution does the definition in Article 264 apply to?

Answer: Part XII (Finance, Property, Contracts and Suits)