Amendment status not verified — confirm the current text below against the official source.
(1) The Board and every Warehousing Corporation shall prepare before the commencement of each year a statement of programme of its activities during the forthcoming year as well as a financial estimate in respect thereof. (2) A statement prepared under sub-section (1) shall, not later than three months before the commencement of each year, be submitted for approval -- (a) in the case of the Board, to the Central Government; (b) in the case of the Central Warehousing Corporation, to the Board; (c) in the case of a State Warehousing Corporation, to the Central Warehousing Corporation and the State Government.