Amendment status not verified — confirm the current text below against the official source.
(1) The Chairman shall, at a special meeting to be held within the fifieenth day of the month of February in each year, lay before the Board, a budget to the Beard fer the pext year. (2) Every such budget shall be prepared in such form as may be presetibed and shall make pre vision for— fiy the housing schemes Which the “Board pro- poses to execute whether in part or i whole during the next yes. 10 (ij the due fulfilment of all the tiahilities of the Board. ard . (iii) the effieient administration of this Act, and shall eortain a statement showing the estimated receipts aud expenditure ot eapital andl, Levernne accounts for the next year, and suck other particulars ug may be preseribed.