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Rule 1 - Title & Effective Date | KartavyaDesk

DFPR 1978delegation

Original Rule Text

Rule 1: Short title and commencement- (1) These rules may be called the Delegation of Financial Powers Rules, 2024. (2) They shall come into force with effect from the 1st day of April, 2024.

What This Means

Rule 1 of the Delegation of Financial Powers Rules, 2024 is straightforward. It's essentially the introduction to the entire set of rules. Sub-rule (1) simply states the official name of these rules: 'Delegation of Financial Powers Rules, 2024'. This is how you should refer to them in official documents and discussions. Think of it as the title of a book.

Sub-rule (2) specifies when these rules become effective. In this case, they come into force on April 1st, 2024. This means that from this date onwards, all government employees and departments must adhere to the guidelines and procedures outlined in these rules regarding financial matters. Any financial decisions or actions taken before this date are governed by the previous rules, if any.

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.

Key Points

  • •The official name of these rules is 'Delegation of Financial Powers Rules, 2024'.
  • •These rules come into effect on April 1st, 2024.
  • •From April 1st, 2024, all financial decisions must comply with these rules.
  • •This rule establishes the foundation for understanding and applying the subsequent rules.

Practical Example

Imagine Ms. Sharma, a Section Officer in the Ministry of Rural Development, is processing a grant request of ₹50,000 for a village sanitation project on March 25th, 2024. The Delegation of Financial Powers Rules, 1978 (or whatever rules were in place before 2024) would apply to this request. However, if she's processing a similar request on April 5th, 2024, the Delegation of Financial Powers Rules, 2024 would be in effect. She needs to ensure that her actions and approvals are in line with the new rules regarding the delegation of financial powers for Section Officers.

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.

Frequently Asked Questions

What happens if I cite the wrong name for these rules in an official document?▼
While a minor error might not invalidate the document, it's crucial to use the correct name ('Delegation of Financial Powers Rules, 2024') to maintain accuracy and professionalism. It also shows you understand the rules.
If a financial transaction started before April 1st, 2024, but concludes after that date, which rules apply?▼
Generally, the rules in effect at the time the transaction was initiated will apply. However, consult with your department's finance officer for specific guidance, as there might be transitional provisions within the new rules.
Where can I find the complete text of the Delegation of Financial Powers Rules, 2024?▼
The official notification will be available on the website of the Department of Expenditure, Ministry of Finance, and likely circulated within your respective departments.
Are there any exceptions to the April 1st, 2024 commencement date?▼
Rule 1 itself doesn't specify any exceptions. However, it's essential to review the entire document for any specific clauses or schedules that might outline exceptions or transitional arrangements.

This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.

Test Your Knowledge

Question 1 of 3

What is the official name of the rules being described?

Related Rules

Annexure IIDFPR 2024 - Annexure IIAppendix IDFPR 2024 - Appendix IRule 20DFPR 2024 - Rule 20 - (Expenditure from or incidence of charges on contingency fund of India)Rule 10DFPR 2024 - Rule 10 - (Re-appropriation)Rule 14DFPR 2024 - Rule 14 - (Insurance of Government property)

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