(1) The Grokhaland Territorial Administration shall, at such time and in such manner as may be prescribed, prepare in each financial year a budget of its estimated receipts and disbursements for the following financial year and submit it to the Government by the 1st November of the current financial year.
(2) The Government may, within such time as may be prescribed, either approve the budget or return it to the Gorkhaland Territorial Administration 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 Government.
If the approval of the Government is not received by the Gorkhaland Territorial Administration by the last date of the financial year, the budget shall be deemed to have been approved by the Government.
(3) The Government shall provide formula based plan fund with 60 per cent wieghtage on population and the balance weightage on area backwardness, hill areas and border areas in two equal instalments every year for executing development works.
Licenses of cases for the purpose of prospecting for or extraction of minerals.
Budget.
PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MARCH 12, 2012 25 The Gorkhaland Territorial Administraton Act, 2011.
(Chapter V—Funds and Audit.—Section 58.—Chapter VI.— Miscellaneous.—Sections 59-61.)
(4) The Government shall provide Non-plan grant including provisions for bearing the additional Non-plan expenditure for existing employees payable in two instalments in respect of the offices or departments transferred to Gorkhaland Territorial Administration.
(5) No expenditure shall be incurred unless the provisions have been made in the approved budget of Gorkhaland Territorial Administration.
Supplementary budget.
Inspection of account etc.
58. The Gorkhaland Territorial Administration may prepare in each financial year a supplementary estimate providing for any modification of its budget for that year and may submit it to the Government for approval.
CHAPTER VI Miscellaneous
59. Notwithstanding anything contained elsewhere in this Act the Government may—
(a) if it is of opinion that it is necessary or expedient so to do, cause an inspection to be made of the accounts of the Gorkhaland Territorial Administration from time to time and may, for the conduct of such inspection, appoint in consultation with the Gorkhaland Territorial Administration such officer or officers as the Government may think fit, and
(b) advise the Gorkhaland Territorial Administration on the accounts of that Sabha.
Transfer of institution.
Amendment or suspension of regulations, bylaw and resolutions.