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[Cites 0, Cited by 0] [Section 101] [Entire Act]

State of Maharashtra - Subsection

Section 101(6) in The Maharashtra Municipal Councils, Nagar Panchayats And Industrial Townships Act, 1965

(6)The budget so sanctioned may be varied or altered by the Council, from time to time, as circumstances may render desirable:Provided that, the Standing Committee or any other Committee appointed under this Act may within the budget so sanctioned, sanction reappropriations not exceeding such limits as may in respect of each class of Council be prescribed by rules, from one sub-head to another or from one minor head to another under the same major head and controlled by the same Committee. A statement of such reappropriations shall be submitted to the Council at its next meeting:Provided further that, no such reappropriations shall be done from the amounts earmarked towards the repayment of any loan and interest thereon and towards contributions to any fund or funds constituted under the provisions of this Act.