Section 39 in The Orissa Agricultural Produce Markets Rules, 1958
39. Submission of Budget.
(1)For the purposes of Rules 39 to 45 market year shall be held to commence on the 1st November and end on the 31st October.(2)The Market Committee shall hold a meeting in each market year during first week of October to prepare a budget of income and expenditure for the ensuing market year. Budgets shall be submitted to the [Board or any other Officer authorised in that behalf by the Board] [Substituted vide O.G.E.No. 794, Dated 3.8.1996.] not later than the 15th October for approval and an abstract of account of receipt and expenditure of the previous market year shall be submitted to the [Board or any other Officer authorised in that behalf by the Board] [Substituted vide O.G.E.No. 794, Dated 3.8.1996.] not later than the 31st December.(3)No expenditure shall be incurred for which there is no budget provision unless it can be met by re-appropriation from savings under other heads.
