Section 26 in The Inland Waterways Authority Of India Rules, 1986
26. Preparation and submission of budget.
(1)The budget estimates of the Authority for every financial year shall be prepared by the Chairman or such employee of the Authority as may be authorised to him in this behalf, in Forms A-1 to A-5 annexed to these rules sufficiently in advance of the date specified in sub-rule (4).(2)A copy of the budget estimates so prepared shall be sent to each member at least fourteen days before the meeting of the Authority at which such estimates are to be considered.(3)The Authority shall consider and sanction the budget estimates with such changes as it thinks fit at the meeting fixed for the purpose or at any other meeting to which the consideration of the budget estimates is adjourned.(4)The budget estimates sanctioned by the Authority shall be forwarded to the Central Government by the fifteenth day of October of the financial year preceding the financial year to which the budget estimates relate :Provided that the Central Government may, at the request of the Authority, fix such later, date, but not beyond the 31st day of October, as the Government thinks fit.
