Special provisions as to budget.

(1) In framing a budget the Municipality shall provide for the maintenance of such minimum closing balance (if any) as the Administrator may by order in writing prescribe. (2) Notwithstanding anything contained in this Regulation the budget of the Municipality shall be subject to the sanction of the Administrator and that the power to vary or to alter the budget under section (3) of section 65 shall be subject to such conditions as may be imposed by the Administrator.