Chapter VIII

Budget

 


82. Preparation and finalisation of Budget of wakf.-

(1) Every mutawalli of a wakf shall in every year prepare in Form I a budget in respect of the Financial Year next ensuing showing the estimated receipts and expenditure during that financial year and forward the same to the Board atleast ninety days before the beginning of the financial year.

(2) The Board shall scrutinise the Budget proposal and ensure that provision has been made therein for the obligatory expenditure referred to in sub-section (2) of section 44 and for carrying out the purpose which may have been specifically enjoined on the wakf by the deed of wakf.

(3) If the Board is satisfied that adequate provision has not been made in the budget it shall have power to modify it in such manner as may be necessary to secure such provision and return it to the mutawalli concerned.

(4) Every mutawalli shall consider the observations and incorporate the modifications made by the Board in the budget and pass the budget before the beginning of the financial year to which it relates.

(5) Notwithstanding anything contained in these rules the Board may, direct a mutawalli to modify its estimates to be in keeping with the provisions of the Act and the wakf deed and such mutawalli shall forthwith comply with the direction of the Board.

(6) As soon as a budget is passed every mutawalli shall forthwith submit copies thereof to the Board and the auditor.

(7) No sum shall be expended by or on behalf of a wakf unless such sum is included in the budget estimates sanctioned under section 44 and in force at the time of incurring the expenditure.

(8) If in the course of the year, a mutawalli finds it necessary to alter the figures shown in the budget with regard to receipts or the distribution of the amounts to be expended on the different services undertaken by him on behalf of the wakf, a supplemental or revised budget may be framed and got sanctioned in the manner provided in the forgoing provisions in these rules and copies thereof submitted forthwith to the Board and to the auditor.

83. Preparation and finalisation of budget of wakfs under management of the board.-

(1) The Chief Executive Officer shall, prepare, in Form I before the third week of January every year a budget in respect of the financial year next ensuing showing the estimated receipts and expenditure of each of the wakfs under the direct management of the Board, showing therein the estimated receipts and expenditure and submit it to the Board for its approval.

(2) Every budge submitted by the Chief Executive Officer shall comply with the requirements of section 46 and for this purpose, reference therein to the mutawalli of the wakf shall be construed as references to the Chief Executive Officer. Alongwith the budget the Chief Executive Officer shall also prepare and forward a statement giving details of the increase, if any, in the income of each wakf under the direct management of the Board and the steps which have been taken for its better management and the results accruing therefrom during the year.

(3) The Board shall scrutinise the Budget proposal and ensure that provision has been made therein for the obligatory expenditure to be incurred under the Act and the administrative charges that shall be payable by the wakf to the Board.

(4) If the Board is satisfied that adequate provision has not been made in the budget it shall have power to modify it in such manner as may be necessary to secure such provision and pass the budget before the beginning of the Financial Year which it relates and forward a copy of each budget to the auditor.

(5) If in the course of the year, the Chief Executive Officer finds it necessary to alter the figures shown in the budget with regard to the receipts or the distribution of the amounts to be expended on the different services undertaken by the Board on behalf of the wakf, a supplemental or revised budget may be framed and got sanctioned in the manner provided in these rules and copies thereof forwarded to the auditor.

84. Preparation and finalisation of the Budget of the Board.-

(1) The Chief Executive Officer shall in every year prepare in Form II a budget in respect of the Financial Year next ensuing showing the estimated receipts and expenditure during the financial year and place before the Board atleast 60 days before the beginning of the financial year.

(2) The Board shall scrutinise the Budget proposal and make suitable modifications if necessary and forward a copy of the same to the Government during the first week of February.

(3) On receipt of the budget forwarded to it, the Government shall examine the same and suggest such alteration, corrections or modifications to be made therein as it may think fit and forward such suggestions to the Board for its consideration.

(4) On receipt of the suggestions from the Government is the Board is not agreed to with any modifications, corrections or alteration made by the Government to the Budget the Board may forthwith make written representation to the Government with regard to the alterations, corrections or modifications suggested by the Government.

(5) The Government shall consider the representation of the Board and pass final orders in the matter and communicate its decision within a period of three weeks from the date of receipt of such representation.

(6) On receipt of the suggestions from the Government and no representation has been made by the Board to such suggestions or the Government have communicated its decision regarding any representation if any made by the Board the Board shall incorporate in its budget all the alternations, corrections, modifications finally suggested by the Government and the budget as so altered corrected or modified, shall be passed by the Board. A copy of the budget so passed shall be forwarded to the Government and the auditor.

(7) If in the course of the year, the Board finds it necessary to alter the figures shown in the budget with regard to the receipts or the distribution of the amounts to be expended on the different services undertaken by the Board a supplemental or revised budget may be framed and got sanctioned in the manner provided in these rules and copies thereof forwarded to the Government and the auditor.

(8) No sum shall be expended by the Board unless such sum is included in the budget estimates sanctioned under section 78 and in force at the time of incurring the expenditure.

 
 
 
 

 

 

 

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