(1) Where in the opinion of the Board, circumstances of extreme urgency have arisen, it shall be lawful for the Board to make in any year:-
(a) recurring expenditure not exceeding twenty-five thousand rupees, and
(b) non-recurring expenditure not exceeding one lac of rupees.
(2) Where any sum is expended under circumstances of extreme urgency as provided in sub-section (1), a report thereof indicating the source from which it is proposed to meet the expenditure shall be made by the Board as soon as practicable to the State Government.
(a) recurring expenditure not exceeding twenty-five thousand rupees, and
(b) non-recurring expenditure not exceeding one lac of rupees.
(2) Where any sum is expended under circumstances of extreme urgency as provided in sub-section (1), a report thereof indicating the source from which it is proposed to meet the expenditure shall be made by the Board as soon as practicable to the State Government.
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Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · words and expressionsSection 4 · Establishment of the BoardSection 5 · Constitution of the BoardSection 6 · Term of office of the Chairman and non-official membersSection 7 · Disqualifications for appointment on the BoardSection 8 · Remuneration to the Chairman and membersIndia Code, Government of India. Text fetched 22 Oct 2026. Source metadata reports last modification: 2026-05-11. Check the linked official text and subsequent notifications when applying a provision.