Amendment status not verified — confirm the current text below against the official source.
Save as otherwise provided in ihis Act, lhe cxercise of any power or the performance of any function conferred or imposed upon lhe Corporation or any oiher municipal authority or the Municipal Commissioner by or under this Acl, which will involve an expenditure, shall be subject to lhe following conditions— (a) such expenditure, in so far as il is incurred in the year in which such power is exercised or such function is performed, shall be provided Tor under the budget-grant for thai year, and (b) if the exercise of such power or the performance of such function in a year involves, or is likely to involve, an expenditure for any period, or at any lime, after the close of the said year, such expenditure shall not be incurred without the sanction of the Corporation.