| (1)
|
On the recommendation of the Chairperson in respect of the
budget estimate, the Council may from time to time, during the year, - |
| |
| (i)
| increase
the amount of budget-grant under any head; |
| (ii) |
make additional budget-grant for the purpose of meeting any
special or unforeseen requirement arising during the said year; |
| (iii)
|
transfer the amount or portion of the amount of the budget-grant under any head
to any other head; or | | (iv)
| reduce
the amount of the budget-grant under any head: | |
|
Provided
that due regard shall be had to all the requirements of this Act and in making
any increase or any additional budget-grant, and estimated cash balance at the
close of the year shall not be reduced below the sum of one lakh rupees or such
higher sum as the Council may determine in respect of the budget estimate. |
| (2) | Every
increase in a budget-grant and every additional budget-grant made in any year
under sub-section (1) shall be deemed to be included in the budget estimates finally
adopted for that year. |
| (3)
| The
Council may from time to time during the year- |
|
| (a)
| reduce
the amount of a budget-grant; or | | (b)
| sanction
the transfer of any amount within a budget-grant. | |
| (4) |
The Chairperson may from time to time during the year sanction
the transfer of any amount not exceeding ten thousand rupees within a minor head
if such transfer does not involve a recurring liability: |
|
Provided that every such transfer if it exceeds ten thousand
rupees shall be reported forth with by the Chairperson to the Council and the
Chairperson shall give effect to any order that may be passed by the Council in
relation thereto. |