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Bombay Presidency - Section

Section 21 in Bombay Khadi and Village Industries Act, 1960

21. Sanction of Budget :-

(1)The State Government may sanction the budget submitted to it with such modifications as it deems proper.
(2)A Board shall be competent to re-appropriate such amounts as
(3)A Board shall be competent to write off losses upto [Rs. 5000-Subs, by Gujarat 15 of 1990 w.e.f. [3-8-1990]] in individual cases and not exceeding Rs [50,000-Inserted by Gujarat 27 of 1964] in the aggregate in any financial year in cases falling under any or all of the following categories:
(a)loss of irrecoverable value of stores or of public money due to theft, fraud or such other cause:
(b)loss of irrecoverable advance other than loans: and
(c)deficiency and depreciation in the value of stores,