CCMA 24Chapter VI · Fund of The Mandal

Section 24 · Budget

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(1)

The Secretary shall cause to be prepared, in such form as may be prescribed, a budget in respect of the financial year next ensuing showing the estimated receipts and expenditure and shall cause it to be laid before the Mandal at such time and in such manner as may be prescribed.

(2)

Within 15 days from the meeting in which the budget is passed, it shall be forwarded to the State Government.

(3)

If the State Government is of the opinion that the provisions of the budget so forwarded to it are not adequate for carrying out the purposes of this Act, it shall return the budget to the Mandal for such modifications as may be suggested by the State Government.

(4)

The Mandal shall be competent to re-appropriate such amounts as may be necessary from one head to another and within such heads.

(5)

The Mandal shall as and when required, pass a supplementary budget in such form and by such date as may be prescribed and the provisions of sub-sections (2), (3) and (4) shall apply to such supplementary

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