section 35
Submission of budget to Corporation.
The Goa Tillari Irrigation Development Corporation Act, 1999Infrastructure199967 sections7 chapters
Chapter VI FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Managing Director of the Corporation, shall, at a special meeting to be held in the month of September in each year, lay before the Corporation the budget estimates of the Corporation for the next year.
- (2) Every such budget estimate shall be prepared in such form as the State Government may, from time to time, by order, determine and shall provide for,—
- (i) the proposals, plans and projects which the Corporation proposes to execute, either in part or in whole, during the next year;
- (ii) the due fulfillment of all the liabilities of the Corporation; and
- (iii) the implementation of the provisions of this Act; and such estimates shall contain a statement showing the estimated income and expenditure on capital and revenue accounts for the next year and such other particulars, indicating the financial performance of the Corporation, as the State Government may direct. The budget shall clearly reveal the financial outlay and performance.
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