The question is:
“That in Amendment No. 177 of List III (Third Week) of Amendment to Amendments, dated the 30th May, 1949, in the proposed new clause (7) of Article 144–
(a) in the first para,–
(i) in line 1, after the word ‘Every’ the words ‘Governor or’ be inserted;
(ii) in line 3, for the word ‘disclosure’ the word ‘declaration’ be substituted;
(iii) in line 6, after the words ‘controlled by’ the words ‘Central or State’ be inserted;
(iv) for the words ‘and the Legislature may deal with the matter in such manner as it may, in the circumstances, deem necessary or appropriate’ the following be substituted:-
‘and either dispose of the said interest, right, title, share or property in open market, or make over the same in Trust for himself of the Reserve Bank of India which shall receive all income, rent, profit, interest or dividend from the same and place all such amounts to the credit of the Governor or minister concerned, and, on vacation of office of such Governor or minister, all amounts so credited shall be returned to the party concerned, as also the original corpus of the Trust which shall be re-conveyed to the party concerned’. and
(b) in the second para,–
(i) in line 1, after the word ‘Every’ the words ‘Governor or’ be inserted; and
(ii) at the end and following be added:’and in the event of there being any material change in his holding, right, title, interest, share or property he shall give such explanation as Legislature may deem necessary to demand.”
The Amendment was negatived.