Restriction on unbudgeted expenditure.

1. (1) Save where in the opinion of the Board circumstances of extreme urgency have arisen, no sum exceeding 1[one lakh of rupees] on account of recurring expenditure or exceeding 1[five lakhs of rupees] on account of non-recurring expenditure shall be expended by the Board in any year of account unless such sum has been included in a statement submitted under sub-section
2. (1) or sub-section (5) of section 17.
3. (2) Where any such sum is expended under circumstances of extreme urgency, a report thereon indicating the source from which it is proposed to meet the expenditure shall be made so soon as practicable to the State Government.

¹ Substituted by Act 6 of 1966 w.e.f. 17.3.1966.