(1)The President shall--

(a)If the amount authorised by any law made in accordance with the provisions ofarticle 114 to be expendedfor a particular service for the current financial year is found to beinsufficient for the purposes of that year or when a need has arisen during thecurrent financial year for supplementary or additional expenditure upon some newservice not contemplated in the annual financial statement for that year, or

(b)if any money has been spent on any service during a financial year in excess ofthe amount grantedfor that service and for that year,

cause to be laid before both the Houses ofParliament another statement showing the estimated amount of that expenditure orcause to be presented to the House of the People a demand for such excess, asthe case may be.

(2)The provisions of articles 112, 113 and 114 shall have effect in relation to anysuch statement and expenditure or demand and also to any law to be madeauthorising the appropriation of moneys out of the Consolidated Fund of India tomeet such expenditure or the grant in respect of such demand as they have effectin relation to the annual financial statement and the expenditure mentionedtherein or to a demand for a grant and the law to be made for the authorisationof appropriation of moneys out of the Consolidated Fund of India to meet suchexpenditure or grant.