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Section 48: Approval of the Budget by the State Government

THE JHARKHAND STATE UNIVERSITY ACT 2000, Adapted and Amendment upto 2019State Act of Jharkhand · Act 6 of 2003

(1) Notwithstanding anything contained in this Act or the Statutes, University Ordinance or Regulation made thereunder, every University shall send its budget for every financial year to the State Government. The University shall show therein estimates of receipts and disbursement for the ensuing year. The State Government shall return the budget to the University with such modification as it may deem fit and the University shall act in conformity with such a modified and approved budget.

(2) At any time during the financial year, the University may send a supplementary budget to the State Government and the State Government shall return the budget to the University with such modifications and approval as it may deem proper.

(3) No expenditure shall be incurred by any University unless such an expenditure has become a part of the budget as finally approved under sub-section (1)or (2)

Where this provision sits

ActTHE JHARKHAND STATE UNIVERSITY ACT 2000, Adapted and Amendment upto 2019
Section48
Marginal noteApproval of the Budget by the State Government
JurisdictionState of Jharkhand
StatusIn force as published by the source

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