Section 145 in The U.P. Co-operative Societies Rules, 1968
145.
The yearly budget of the Co-operative Education Fund shall be so prepared that the total expenditure shall not exceed fifty per cent of the estimated receipts during the co-operative year in which the fund is first established and in any subsequent co-operative year, the expenditure shall not exceed fifty per cent of the amount in balance on 30th June last:Provided that for extraordinary reasons like the holding of a national or international level conference in Uttar Pradesh, the expenditure in any particular co-operative year may with the permission of the State Government, increase up to eighty-five per cent of the amount in balance on 30th June last.
