Expenditure in case of urgency

(1) Where, in the opinion of the Board, circumstances of urgency have arisen, the Board may incur in any year expenditure not exceeding rupees fifty thousands and non-recurring expenditure not exceeding rupees two lakhs notwithstanding that such expenditure has not been included in the Budget approved by the Government. (2) where any expenditure is incurred under sub-section (1), a report thereon, indicating the source from which the expenditure was made, shall he sent, as soon as practicable, to the Government for approval.