If during the course of the financial year it becomes necessary to incur expenditure over and above the provision made in the budget, the board shall immediately submit to the State Governments the details of the proposed expenditure. The State Government may either approve the proposed expenditure after making such modifications, as it considers necessary or reject it. A copy of the order passed by the State Government on every such proposal to incur additional expenditure shall be communicated to the Board and the Accountant-General.
8. Constitute of the Board. Sections 4(3) and 27(2)(c). – The Board shall consist of twelve members out of which four shall be representatives of employers’ four of employees and four independent members including the Chairman.
FOR Punjab