SHORT ANSWER:
A legislative assembly must follow specific procedures for a money bill that differ from those for an ordinary bill, primarily in terms of introduction and approval.
DETAILS:
- A money bill can only be introduced in the Lok Sabha, not in the Rajya Sabha.
- The Speaker of the Lok Sabha certifies a bill as a money bill.
- The Rajya Sabha can only make recommendations on a money bill and must return it to the Lok Sabha within 14 days.
- The Lok Sabha can accept or reject the Rajya Sabha's recommendations but is not obligated to act on them.
PUNISHMENT / IMPLICATIONS (if applicable):
- If a bill is incorrectly classified, it may not follow the proper legislative process.
SOURCE:
- Article 110 of the Constitution of India
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