1. The Board may submit the supplementary plan and budget and additional staff list, if any, at any time in a year in connection with annual plan sanctioned under section 12 of the Act, to the State Government for approval.
2. The Board may, in consultation with the concerned development Department, ZillaParishats and executive agencies, modify any project or scheme or any part thereof included in the plan sanctioned by the Government at any time.
Provided that, if it has contained an expenditure more than 25% of the amount originally sanctioned for its operations or if it is prejudicial to the main scope and object of any project or any plans or schemes thereof, any such modification shall not be done without the prior sanction of the Government.
3. The Board shall not execute any schemes or projects except it is included in annual plan or supplementary Plan of the Board.
4. The Board shall not be competent to carry out any trade or financial activities for profit other than the execution of any project or scheme approved by it in accordance with the plan.
8.Presentation of Accounts and Budget: 1. The Secretary, after preparing a complete accounts of actual and anticipated receipts and expenditures for the ensuing financial year ending on 31st March with a budget estimate of anticipated receipts and expenditures for the ensuing financial year beginning on 1st April, shall be placed before the meeting to be held between the month of 1st November and 1st January.
2.The Board, thereafter, shall determine the appropriations and ways and means included in the budget for the ensuing financial year beginning on 1st April and send the budget as approved by the Board to the Government before such date as may be fixed by the Government.
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3. In such budget, the board, inter alia, shall:- a) make adequate and proper provision to the services as may be required for performing various duties prescribed on the Board under this Act or any other Law.
b) make arrangements to pay all instalments of Principal amount and interest thereon which may be liable to pay by the Board in connection with the loan agreements entered into by the Board itself.
c) give an opportunity for a due which is not less than income amount or percentage of income which may be prescribed by the Government from time to time at the end of the said year.
d) if the Board is failed to approve the budget estimate on or before the date laid down in the sub-rule (1), the Secretary shall forward the same to the Government and the Government, with or without modification, shall approve the same. The budget approved so shall be certified by the Government and thereafter, it shall be deemed to have been duly approved by the Board.