Amendment status not verified — confirm the current text below against the official source.
(1) On or before the prescribed date, every local authority for which an education fund has been constituted under section 35 shall submit to the Government through the Director in such form as may be prescribed a budget for the ensuing financial year showing the income and expenditure relating to such fund. (2) The Government may pass such orders as they think fit in respect of the budget and the local authority concerned shall carry out such orders.