(1) The Budget Estimate of the Corporation shall be prepared for each financial year and shall consist of six parts :
Part I—A detailed estimate togethe: with a summary of (a) • contribution from the State Government and the Central Government and other receipts on capital account, and (b) expenditu capital account;
Part II—A detailed estimate together with a summary of (a) income and (b) expenditure on revenue account;
Part III—A statement of transaction of funds;
Part IV—A detailed estimate of Stores Suspense account, Workshop Suspense accounts, Advances and Deposits, Works undertaken for outside organisations and such other accounts;
Part V--A detailed statement of the appropriation of net profits;
and - Part VI— Cash account of the Uttar Pradesh State Road Transport Corporation Fund.
(2) The Budget estimates shall give the original and revised estimates for the current year, and the anticipated receipts and expenditure for the budget year to which they pertain under the major, minor, sub and detailed heads of account in the form in Schedule I. They shall also clearly indicate the. extent to which amounts from any of the funds with the Corporation are proposed to be appropriated towards expenditure during the course of the year.
15. Procedure for forwarding Budget to Government, Section
44.—(1) Each year the budged estimates for next financial year shall .
be laid before the Corporation'on or before the first day of December of each year and after approval of the Corporation shall be forwarded by December 15 - to the State Government for approval. The State Government shall approve the budget before January 15, of making such amendments and alteration as it considers necessary.
(2) The budget so approved shall constitute the budget of the Corporation for the ensuing financial year and shall be issued under the seal of the Corporation and signed by the officer or officers of the Corporation duly authorised in this behalf. Authenticated copies of the budged shall be forwarded to the Central and State Governments.
and the Accountant-General, Uttar Pradesh, Allahabad, on or before January 3.1, each year.