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Certification of Money Bills
i) The Constitution of India under Article 110(4) requires that every money bill has to be certified so by the Speaker of the Lok Sabha before its transmission to the Rajya Sabha. Hence, if any question arises whether a Bill is a Money Bill or not, the decision of Speaker is final. The Speaker is under no obligation to consult any one in coming to a decision or in giving his certificate that a Bill is a Money Bill.
ii) The Speaker’s certificate on a Money Bill once given is final and cannot be challenged.
iii) A Money Bill cannot be referred to a Joint Committee of the Houses.