The Compensatory Afforestation Fund Act

Budget of National Authority

Investment of funds by National Authority

Accounts and audit of National Authority

Annual report of National Authority

Annual report and audit report of National Authority to be laid before Parliament

Budget of State Authority

Investment of funds by State Authority

Accounts and audit of State Authority

Annual report of State Authority

Annual report and audit report of State Authority to be laid before State Legislature


FINANCE, ACCOUNTS, AUDIT AND ANNUAL REPORT


(1) Each State Authority shall prepare its budget for the next
financial year, showing the estimated receipts and expenditure of the State Authority and forward the
same to the State Government, in such form and at such time, in each financial year, as may be
prescribed.

(2) Each State Authority shall adopt financial regulation and procedures, in particular the procedure
for drawing up and implementing the budget of the State Authority as may be prescribed. 

LAWGIST

# 25 Budget of State Authority