Adherence to estimate and maintenance of closing balance
128. (1) No sum shall be expended by or on behalf of the Kartripakkha unless the expenditure of the same is covered by a current budget grant or can be met by reappropriation or by drawing on the closing balance.
(2) The closing balance shall not be reduced below one lakh of taka without the previous sanction of the Government.
(3) The following items shall be excepted from the provisions of sub-sections (1) and (2), namely,-
(a) re-payments of moneys belonging to contractors or other persons and held in deposit, and of moneys collected by, or credited to the Kartripakkha by mistake;
(b) payments due under a decree or order of a Court passed against the Kartripakkha or against the Chairman ex-officio [* * *];
(c) sums payable under a compromise of any suit or other legal proceeding or claim effected under section 167;
(d) sums payable under this Act by way of compensation;
(e) payments required to meet some pressing emergency; and
(f) gratuitious payments up to a maximum of five hundred taka.
(4) Whenever any sum exceeding five thousand taka is expended under clause (e) of sub-section (3) or whenever any sum is expended under clause (f) of that sub-section, the Chairman shall forthwith report the circumstances to the Government, and shall at the same time explain how the Kartripakkha propose to cover the expenditure.