Sir, I move:
“That for article 263 the following be substituted :-
Custody of Consolidated Funds, the payment of moneys in to and withdrawal of moneys from such funds.
`263 (1) The custody of the Consolidated Fund of India, the payments of moneys into such Fund, the withdrawal of moneys there from and all other matters connected with or ancillary to the matters aforesaid shall be regulated by law made by Parliament, and until provision in that behalf is so made by Parliament, shall be regulated by rules made by the President.
(2) The custody of the Consolidated Fund of a State, the payments of moneys into such Fund and the withdrawal of moneys therefrom, and all other matters connected with or ancillary to the matters aforesaid shall be regulated by law made by the Legislature of the State, and, until provision in that behalf is so made by the Legislature of the State, shall be regulated by rules made by the Governor of the State.’ “
