Amendment status not verified — confirm the current text below against the official source.
[West Ben. Act (Chapter V1.—Finance and Audit.—Section 37.) (2) The report shall be forwarded to the State Govern- ment within one month of the presentation thereof before the annual meeting of the Board together with such comments thereon as the Board may think fit to make. (3) The budget estimate shall after confirmation by the Board be forwarded to the State Government within such time as may be prescribed. (4)(a) The State Government shall within three months of the receipt of the budget estimate either accord its approval to the same or return it to the Board with such comments and suggestions as it deems necessary if in its opinion such estimate— (i) is not reasonably accurate with reference to ascer- tainable facts or shows a deficit in the closing balance; (ii) includes new items of recurring expenditure, which are likely to impose upon the Board in the future financial liabilities which -the Board is not likely to be able to meet from ;ts income ; or (iii) includes provisions for expenditure which are not in accordance with the provisions of this Act. (b) If the budget estimate is returned under clause (a), the Board shall consider the comments and suggestions made by the State Government and may, if it thinks fit, revise the said estimate. The Board shall then resubmit the budget estimate as so revised to the State Government, or, the Board shall, if it does not think fit to revise the estimate, resubmit it in its original form to the State Government within one month of receiving it together with its replies on the comments and suggestions made by the State Government. (c) If the State Government does not approve of the budget estimate as revised by the Board or if the budget estimate is returned by the Board without revision, the State Government may amend the budget estimate by making— (i) such modifications as are in its opinion necessary to render the estimate reasonably accurate with reference to ascertainable facts or to balance the income and the expenditure ; additions, alterations or modifications in any provi- sion relating to new expenditure of a recurring nature; (iii) any alteration or modification in any provision for expenditure which, in its opinion, is not in accordance with the provisions of this Act; and shall forward the budget estimate as so amended to the Board. The West Bengal Board of Secondary Education Act, 17