Amendment status not verified — confirm the current text below against the official source.
(l) The Chairman shall, at a special meeting to be held in the month of February in each year, lay before the Board a budget of the Board for the next year. (2) Every such budget shall be prepared in such form as may be prescribed and shall make provision for— (i) the housing schemes which the Board proposes to execute whether in part or whole during the next year; (ii) the due fulfilment of all the 1iabi1ities of the Board, and (iii) the eflicient administration of this Act, and shall contain a statement showing the esti- mated receipts and expenditure on capital and revenue accounts for the next year and such other particulars as may be prescribed. No Housing Scheme to be made for area included in an improve- ment Scheme or be incon- sistent with ’ Town Plan- ning Schemes Submission of budget to Board. Board’s sanction to budget. Submission of sanetiened budget to State Gove . a ment for. Supplemen- tary budget. Publication and execu- tion of housing schemes. VariatiOn of housing schemes. Tzansfer to the Board for purposes of housing scheme of land rested in a Corpo- ration, Mu- nicipality or Zfla Pari- shad. 14