section 44
Budget.
The Damodar Valley Corporation Act, 1948General194860 sections
Part IV FINANCE, ACCOUNTS AND AUDIT
Statutory text
- (1) The Corporation, in consultation with the 1[member (finance)], shall in October each year prepare in such form as may be prescribed a budget for the next financial year showing the estimated receipts and expenditure and the amounts which would be required from each of the three participating Governments during that financial year.
- (2) Printed copies of the budget shall be made available to each of the three participating Governments by the 15th day of November each year.
- (3) The budget shall be laid before 2[Parliament] and the State Legislatures concerned as soon as may be after it is prepared.
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