Corporation may pass supplemental budget

The Corporation may, on the recommendation of the standing committee for 1[taxation, finance and appeals] 1 2 [in the case of corporations other than the 3[Bruhat Bangalore Mahanagara Palike] and the standing committee for taxation and finance in the case of 3[Bruhat Bangalore] ,Mahanagara Palike] 2. Inserted by Act 27 of 1998 w.e.f. 21.11.1998. during the year pass a supplemental budget estimate for the purpose of meeting any special or unforeseen requirements, arising during that year; so however that the estimated cash balance under General Account-Revenue at the close of the year shall not be reduced to less than one lakh of rupees: Provided that no item shall be included in the supplemental budget which had been disallowed by the Government while sanctioning the Budget. 1..Substituted by Act 35 of 1994 Notification bringing it into force not available. 3.Deemed to have been substituted by Act 22 of 2009 w.e.f.04.06.2009.

1[taxation, finance and appeals] 1 2 [in the case of corporations other than the

and the standing committee for taxation and finance in the case of

² Inserted by Act 27 of 1998 w.e.f. 21.11.1998.

during the year pass a supplemental budget estimate for the purpose of meeting any special or unforeseen requirements, arising during that year; so however that the estimated cash balance under General Account-Revenue at the close of the year shall not be reduced to less than one lakh of rupees: Provided that no item shall be included in the supplemental budget which had been disallowed by the Government while sanctioning the Budget. 1..Substituted by Act 35 of 1994 Notification bringing it into force not available.

3.Deemed to have been substituted by Act 22 of 2009 w.e.f.04.06.2009.