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Art. 264 Part XII: Finance, Property, Contracts and Suits

Interpretation

Exact text — Constitution of India

In this Part, 'Finance Commission' means a Finance Commission constituted under article 280.

In Plain English

What this Article actually means

A brief interpretive Article confirming that whenever this Part refers to the 'Finance Commission', it means the specific body created under Article 280 — a small but necessary definitional anchor for the financial chapter that follows.
Why This Matters To You

How it shows up in everyday life

This cross-reference keeps Part XII's terminology consistent, ensuring there's no ambiguity about which body is meant whenever 'Finance Commission' appears in the Articles that follow.

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Frequently Asked

Quick answers about Article 264

Is there more than one body called a 'Finance Commission' in the Constitution?
This specific term, as used in Part XII, refers only to the Article 280 body — the separate State Finance Commissions (under Articles 243-I and 243Y) are distinctly named and operate at the state level for Panchayat/Municipality funding.

The text above reproduces Article 264 of the Constitution of India as amended to date, for general educational reference. It is public-domain legislative text, but we recommend cross-checking the authoritative version at legislative.gov.in or india.gov.in before relying on it for a legal matter. The explanation, examples and FAQs are general information, not legal advice — consult a qualified advocate for guidance on your specific situation.