(1) Subject to the provision of sub-sections (2) and (3), no sum shall be expended by or on behalf of the Board, except in accordance with the annual financial statement, the supplementary financial statement, as the case may be, approved by the State Government under section 23.
(2) The Board may, within the respective limits of the annual financial statement or the supplementary financial statement, as the case may be, sanction, with the prior approval of the State Government, any re-appropriation from one head of expenditure to another or from provision made for one scheme to that in respect of another but in no case re appropriation shall be made from the Khadi account to the village industries account or from the vil1age industries account to the khadi account.
(3) The Board may, within such limits and subject to such condition at, may be prescribed, incur expenditure in excess of the limit provided in the annual financial statement or the supplementary financial statement under any head of expenditure or in connection with any particular scheme falling under the same head, so long as the aggregate amount specified therein in respect of that head is no exceeded.
[Power to write off irrecoverable amount 25-A The Board may write off an amount due to it up to rupees one thousand in any individual case and up to rupees ten thousand in the aggregate in any financial year if, in its opinion, such amount is irrecoverable.]
1
1. Added by section 14 of U.P. Act No. 24 of 1966.
19 [The Uttar Pradesh Khadi and Village Industries Board Act, 1960] [Section 26-29]
CHAPTER V FINANCE, ACCOUNTS, AUDIT AND REPORTS [Fund of the Board