Amendment status not verified — confirm the current text below against the official source.
Preparation of Budget Estimates.—(1) The Board shall, on or before such date as may be fixed by the Government, prepare the budget for the next financial year showing an estimated income and expenditure of the Board, in such form as the Government may specify and submit it to the Government. (2) The Government may, sanction the budget with or without modifications. (3) No sum shall be expended by or on behalf of the Board, unless such expenditure is included by specific provision in the budget approved by the Government under sub-section (1): Provided that the Board may, with the previous sanction of the Government and within the limits of the budget, sanction re-appropriation, from one head of expenditure to another, or 29 This is a digitally signed Gazette. Authenticity may be verified through https://compose.kerala.gov.in/ from a provision made for one scheme to that in respect of another, subject to the condition that it shall not exceed the budget allocation.