(1) The Board shall cause to be prepared, in such form and at such time in each financial year as may be prescribed, its budget for the next financial year, showing the estimated receipts and expenditure of the Board and after its approval forward the same to the State Government. (2) No sum shall be expended by or on behalf of the Board unless the expenditure of the same is covered by the budget provisions approved by the State Government.
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Section 11 · Powers and functions of the BoardSection 12 · Power to delegate.Section 10 · Powers and duties of the Chairperson.Section 8 · Filling of Vacancies.Section 2 · .DefinitionsSection 13 · The SecretarySection 9 · Meetings of the Board.Section 4 · Constitution of the Board.India Code, Government of India. Text fetched 11 Oct 2026. Source metadata reports last modification: 2025-09-24. Check the linked official text and subsequent notifications when applying a provision.