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Section 19: Budget and programme of work

The Kerala Industrial Infrastructure Development Act, 1993State Act of Kerala · Act 3 of 1993

(1) The Corporation shall, by such date in each year as may be prescribed, prepare and submit to the Government for approval an annual financial statement in such form and with details, as may be prescribed and the programme of work for the succeeding financial year.

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(2) The annual financial statement shall show the estimated receipts and expenditure during the succeeding financial year.

(3) The Corporation shall with the approval of the Government be competent to make variations in the programme of work:

Provided that all such variations and reappropriations, if any, out of the sanctioned budget shall be brought to the notice of the Government by a supplementary financial statement.

(4) A copy each of the annual financial statement and the programme of work and the supplementary financial statement, if any, shall, on submission to the Government, be placed as soon as may be, before the Legislative Assembly.

Where this provision sits

ActThe Kerala Industrial Infrastructure Development Act, 1993
Section19
Marginal noteBudget and programme of work
JurisdictionState of Kerala
StatusIn force as published by the source

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