Budget

Budget.—

1. (1) The Board shall prepare and lay before it at a meeting to be held in every year before such date, as may be fixed by rules in this behalf, a complete account of the actual and abstracted receipts and expenditure for the year ending on the 31st day of March next following such date together with a budget estimates of the income and expenditure of the Board for the year commencing on the first day of April next following.
2. (2) The Board shall at such meeting decide upon the appropriations and the ways and means contained in the budget estimate and submit the budget for approval to the Government or to such authority as the Government may, by order direct.
3. (3) Subject to the like provisions, the Board may suggest variation or alterations in the budget, as circumstances may render desirable.