Annual budget estimate and annual plan

General202690 sections

Statutory text

(1) The Authority shall prepare, every year, in such form and at such time as may be prescribed, an annual budget estimate in respect of the financial year next ensuing showing the estimated receipts, expenditure and disbursements of the Authority and shall submit it to the Executive Committee for approval.
(2) The Authority shall forward to the State Government copies of the budget estimate so prepared by the Authority and the budget as approved by the Authority and the Executive Committee.

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