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State of Punjab - Section

Section 26 in The Punjab Khadi and Village Industries Board Act, 1955

26. Sanction of Budget

. - (1) The Government may sanction the Budget submitted to it with such modifications as it deems proper.
(2)[ The Boardshall not be competent to transfer funds sanctioned for one scheme to another scheme, -
(a)where funds in respect of such schemes are allotted by the Commission, without the prior approval of the Commission; and
(b)in any other case, without the prior approval of the Government.]