Amendment status not verified — confirm the current text below against the official source.
If the whole budget grant or any portion thereof remains unexpended at the close of the year in the budget estimate for which such grant was included and if the amount thereof has not been taken into account in the opening balance of the municipal fund the Standing Committee may sanction the expenditure of such budget grant or such unexpended portion thereof, as the case may Final adoption of budget estimates. Budget grant defined. Corporation may increase amount of budget grants and make additional grants. Unexpended budget grants. [Act No. II of 1956] 175 be, during the next two following years for the completion, according to the original intention or sanction, of the purpose or object for which the budget grant was made, but not upon any other purpose or object.