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Union of India - Section

Section 44 in Damodar Valley Corporation Act, 1948

44. Budget.-

(1)The Corporation, in consultation with the [member (finance)] [Substituted by Act 1 of 2012, Section 6 for "financial adviser".], shall in October each year prepare in such form as may be prescribed a budget for the next financial year showing the estimated receipts and expenditure and the amounts which would be required from each of the three participating Governments during that financial year.
(2)Printed copies of the budget shall be made available to each of the three participating Governments by the 15th day of November each year.
(3)The budget shall be laid before [Parliament] [Substituted for the words "the Central" by A.L.O. 1950. ] and the [State] [Substituted for the word "Provincial" by A.L.O., 1950] Legislatures concerned as soon as may be after it is prepared.