section 17
Placing of Budget before of Board.
The Meghalaya State Housing Board Act, 1986Infrastructure198660 sections6 chapters
Chapter III HOUSING SCHEMES
Statutory text
- (1) 1 " The Chairman or in his absence, the Vice Chairman " shall at a special meeting to be held in the month of January each year, lay before the Board the Budget for the next financial year.
- (2) The Budget shall be prepared in such form as may be prescribed and shall,-
- (a) include the housing schemes which the Board proposes to execute in whole or in part;
- (b) indicate fulfillment of all the liabilities of the Board; and
- (c) contain a statement showing the estimated receipts and expenditure on capital and revenue accounts and such other particulars as may be prescribed.
- (3) The Board shall consider the Budget laid before it and approve it with or without modification.
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