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Section 17: Placing of Budget before of Board.

The Meghalaya State Housing Board Act, 1986, Act No. 7 of 1986.State Act of Meghalaya · Act 7 of 1986

(1) " The Chairman or in his absence, the Vice Chairman " shall at a special meeting to be held in the month of January each year, lay before the Board the Budget for the next financial year.

(2) The Budget shall be prepared in such form as may be prescribed and shall,-

(a) include the housing schemes which the Board proposes to execute in whole or in part;

(b) indicate fulfillment of all the liabilities of the Board; and

(c) contain a statement showing the estimated receipts and expenditure on capital and revenue accounts and such other particulars as may be prescribed.

(3) The Board shall consider the Budget laid before it and approve it with or without modification.

Where this provision sits

ActThe Meghalaya State Housing Board Act, 1986, Act No. 7 of 1986.
Section17
Marginal notePlacing of Budget before of Board.
JurisdictionState of Meghalaya
StatusIn force as published by the source

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