Amendment status not verified — confirm the current text below against the official source.
(1) The Executive Council shall prepare before such date as may be prescribed by the Statutes, the financial estimates for the ensuing financial year along with annual accounts whether audited or not of the preceding financial year and submit the same to the Board of Governors. (2) These estimates shall be considered by the Board of Governors at its annual meeting and the resolutions of the Board of Governors thereon shall be submitted to the State Government for information.