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Section 42: Budget of the Gram Panchayat.

The Manipur Panchayati Raj Act, 1994Central Act · Act 26 of 1994

(1) Every Gram Panchayat shall, at such time and in such manner as may be prescribed, prepare during each year a budget of its estimated receipts and disbursements for the following year and shall submit the budget to the Zilla Parishad having jurisdiction over the area of the Gram Panchayat.

(2) The Zilla Parishad may, within such time as may be prescribed, either approve the budget or return it to the Gram Panchayat for such modifications as it may direct. On such modifications being made the budget shall be resubmitted within such time as may be prescribed for approval of the Zilla Parishad.

(3) No expenditure shall be incurred unless the budget is approved by the Zilla Parishad. If the Zilla Parishad does not convey its approval within the time prescribed for the purpose, the budget will be deemed to have been approved by the Zilla Parishad

Where this provision sits

ActThe Manipur Panchayati Raj Act, 1994
Section42
Marginal noteBudget of the Gram Panchayat.
JurisdictionCentral
StatusIn force as published by the source

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