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The Road Transport Corporation Ordinance, 1961 (East Pakistan Ordinance)

( Ordinance NO. VII OF 1961 )

Power of Government over capital budget
25. (1) The Corporation shall, before three months of the expiry of financial year, submit to the Government, for approval, a statement of estimated receipts and expenditure in respect of the next financial year.
(2) On its receipt the budget estimate will be examined by the Government who may-
(a) accept it, or
(b) disallow it or a portion thereof and return it to the Corporation for amendment.
(3) If any budget estimate or a portion thereof is so returned, the Corporation shall forthwith proceed to amend it and shall re submit it after amendment to the Government in time so that Government's approval may be communicated before the commencement of the next financial year.

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