Centre justifies certification of Finance Bill, 2017 as money bill; SC reserves verdict

NEW DELHI: The Centre on Tuesday in the Supreme Court justified certification of Finance Bill, 2017 as a money bill saying it has provisions which deals with salaries and allowance to be paid to members of tribunals from the consolidated funds of India.

The top court reserved its verdict on a batch of pleas challenging the constitutional validity of Finance Act, 2017 on the ground that it was passed by the Parliament as a money bill.

The Centre contended that certification of Finance Act as money bill was done by speaker of Lok Sabha and court cannot judicially review the decision.

A five-judge Constitution bench headed by Chief Justice Ranjan Gogoi said, “Hearing concluded. Order reserved”.

At the outset, Attorney General K K Venugopal, appearing for the Centre said that certification granted by the speaker cannot be challenged in the court of law.

The Attorney General justified before the bench also comprising Justices N V Ramana, D Y Chandrachud, Deepak Gupta and Sanjiv Khanna the certification of Finance Act as a money bill saying it deals with payment and receipt made from the consolidated funds of India. (AGENCIES)