Section 87 in The City of Nagpur Corporation Act, 1948
87. Power of [Standing Committee] to reduce or transfer budget grants. - (1) The [Standing Committee] may, from time to time during the financial year, reduce or transfer the amount or a portion of the amount of one budget grant to the amount of any other budget grant under the same major head in the budget estimates :
Provided that -(a)due regard shall be had when making any such reduction or transfer to all the requirements of this Act; and(b)every such reduction or transfer shall be brought to the notice of the Corporation at its next meeting.(2)If any such reduction or transfer is of an amount exceeding five hundred rupees, the Corporation may pass with regard thereto such order as it thinks fit, and it shall be incumbent on the [Standing Committee] and the [Commissioner] to give effect to the said order.
