Lawgist44Budget
(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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1. Subs. by Act 1 of 2012, s. 6, for "financial adviser" (w.e.f. 19-8-2013).
2. Subs. by the A. O. 1950, for "the Central".
- 27 Expenditure till the Corporation is established
- 28 Vesting of property in the Corporation
- 29 Fund of the Corporation
- 30 Liabilities of participating Governments to provide capital to the Corporation
- 31 Payment by participating Government on specified date
- 32 Expenditure on objects other than irrigation, power and flood control
- 33 Allocation of expenditure chargeable to project on main objects
- 34 Capital allocated to irrigatio
- 35 Capital allocated to power
- 36 Capital allocated to flood control
- 37 Disposal of profits and deficits
- 38 Payment of interes
- 39 Interest charge and other expenses to be added to and receipts taken for reduction of capital cost
- 40 Provision for depreciation and reserve and other funds
- 41 Corporation's share in betterment levy by State Governments
- 42 . Borrowing of mone
- 43 Liability to pay Central taxes
- 44 Budget
- 45 Annual report
- 46 Other annual financial statements
- 47 Accounts and audit
