801 বাংলাদেশের স্বাধীনতা যুদ্ধ দলিলপত্রঃ দ্বিতীয় খন্ড comprising both local and foreign currency, required to meet the expenditures charged upon the Federal Consolidated Fund and other expenditures in respect of which demands for grants having been submitted to the Federal Parliament have been assented to by the Federal Parliament. (2) The proportions referred to in Clause (1) shall be: (a) Bangladesh * * * - - - * 8 а 27% (b) Punjab - - - ... ' - - - 43% (c) Sind - - - - - - - - - 21 % (d) Pakhtunistan * * * * * * α κ ή 7.4% (e) Baluchistan - - - - - - - - - |.6% (3) Each State shall be under a fundamental constitutional obligation to pay to the Federal Government the federal levy which shall be the first charge upon the State Consolidated Fund of each State. Federal Finance Commission 104. (1) There shall be a Federal Finance Commission which shall be constituted byan Act of Parliament which shall, subject to the provisions of the Constitution, define the powers and functions of the Commission. (2) The Federal Finance Commission shall once in Five years, and for the first time at the expiry of five years from the commencement day, review the proportions stipulated by Clause (2) of Article 103 by way of "federal evy" payable to the Federal Government by the Stale Governments and, upon such review, maintain or alter proportions having regard to the principles of federal equity and, in particular having regard to the ability to pay by each State, the participation of persons of each State in the different spheres of the Federal Government and the pattern of location of the Federal expenditure. Borrowing by the Federal Government 105. (1) The executive authority of the Federal Government shall extend to borrowing on the security of the Federal Consolidated Fund within the limits imposed by this Constitution and within such further limits, if any, as may be determined by Act of Parliament, and to giving of guarantees within such limits. (2) The borrowing of the Federal Government shall be limited to borrowing from the public except in the case of ways and means advances within a financial year which advances may be obtained from the Reserve Banks of the States.
