Amendment status not verified — confirm the current text below against the official source.
(1) Subject to such conditions as ]nay be spszified by the Gover~11eut Wfihing off loma, where th? Board is of opinion that any amount due to or any loss, whether of money or of property ~acurrm by the Board is irrecoverable, the Board may, with the previous approval 01 the Government, sanction the writing oft finally of the aid amount or loss : Provided that no such approval ot the Oovcrnlnent shall be necessary where sztch irrecoverable amount or loss does not exceed, in any individual case, five thwand rupes or in t.1~ aggregate in any year, one fakh rupees. (2) Notwithstanding anything contained in sub-stction (I), where the Cbzliunan is of opinion that any amount due to or any loss, whether of money ~r ot property, incurred by the Board is irrecoverable, the Chiman ma] sa.lcrioa the. writing off finally ot sucb amount or loss, provided that such amount or :ass cl.oa aot excoed, in an individual am, one thousand rupees or in the aggregata irp m y one yea, tweuty thousand iupees and in cvary su;h &so, the Chairman W lark8 a raport to the Board giving raasons for such sanction. %B. M the ~ ~ I R C T ~ . authorities and mfrictims oontained in this Act in rcspwt krrrsrs, q ~ e q(r, d ms r o f i by cGb.Act authoriad. shall apply. to the .Ibrks which may lx e x a d uf )Sr the Board ss tho Oonsar~rrtor of the Post or as the body appointed tmia -oil (I) of section 36 ot the Indian Ports At# and also to the sancion of mdh wotks t b estimate thueof and the oxpen&ituaw ~ ~ d c r . BI. (1 1 'OhQ Board W, on or Mom the thirty k t day of Jamuy in eaQh year, %crspct .ghc(ioru6 a spwd meeting at which tho @hairman shall submit an astimaM d thm income .nd Bpldituro of t b B o d for the nett fhocial year, in SUQ fom a s p t -M 8Wfy. m) A copy of such otirmts shall be cent to each mqnbm of 6 $4 as to mush him not lass than ten claar dare prior ta the datc appfnted spadsJ maeting refweb to ir subactian (I). I (3) 'ihe Board shall consider the at- at sub. mecting and n a y prrYdtoonaUy appmw of it with or without moctibcaticp. (4) The Board shall, on er before the tenth day of February, OQW a af S L C ~ estimate as provisionally approved by it, to be sent to the Oovrapmtd. 6) Tbe Government may sandon the estimate or may rctbrn it with rmmks and may call for such additional information as they may deem neoossary. (6) When an estimate is returned under sub-section (S), the Board shalh pnoqeed to reconsider the estimate with reference to si~ch remarks and shall furrlish s ~ c h addilional infordation as the Gover~unmt may call for and shall, if mxeaary, m&fy or alter the astimate and resubmit it to the Government. (7) 'Ttc Government shall sanction the estimatt with or without modifications. (8) Where any such estimate is not smctioned by the Government before the commencement of the financial year to which it relates, the Government may authorise the Board to incur such expeMture as may be necessary in the opinion o r the Governme,:t until such tlme as the approval of the estimate by the Government 1s communicated to the Board. 85 The Board may in the c urse of any year for which an estimate has been sanctioned by the Goverrlmci~t cause one or more suppleme~lral estimates for the Preparation ef residuo of such year to in prepared arrd the prvvisions of section 84 shall, so tar ~ ~ ~ RS may bc applv to such estimate as if it were a n annual estimate. 36 TAMIL NADU GO'JERNMENT GAZETTE EXTRAORDlNARtY - ,. . 6 - h - lkappropriation~f $6. Subject to ar.y directions which the Govcr~~mcnt may give in this behalf, =:. '" any sum of money or part thereof of which the expenditure has been adthorised in ail &$mate for ths time being in force sanctioned by the Government and aPich has not been so spent, may at aay time be reappropriated by the Board to h t any excess in any other expenditure authorised in the said estimate. Adherence to i