Budget

(1) The Registrar shall, in such form as may be prescribed, prepare the budget showing the estimated receipts and expenditure for the forthcoming financial year and place it before the Council at such time and in such manner as may be prescribed. (2) The Council shall be competent to re-appropriate such amounts as are necessary from one head to another and between such heads or sub-heads. (3) The Council may, whenever required, pass a supplementary budget in such form and by such date as may be prescribed.