State Act
Section 126A. Estimates of expenditure and income of the Brihan Mumbai Electric Supply and Transport Undertaking to be prepared annually by General Manager.
The Mumbai Municipal Corporation Act.
11[126A. Estimates of expenditure and income of the 12[Brihan Mumbai Electric Supply and Transport Undertaking] to be prepared annually by 13[General Manager].— 14[The General Manager shall, on or before each tenth day of October have prepared and lay before the Brihan Mumbai Electric Supply and Transport Committee, in such form as the Committee shall from time to time, approve]— (a) an estimate, classified in accordance with section 125A, of the expenditure which must or should, in his opinion, be incurred by the corporation in the next ensuing official year on account of the 15[Brihan Mumbai Electric Supply and Transport Undertaking]; (b) an estimate of all balances, if any, which will be available for re-appropriation or expenditure at the commencement of the next ensuing official year, and an estimate of the amounts to be transferred to the municipal fund during the next ensuing financial year under sections 460KK and 460LL; and (c) an estimate of the corporation’s receipts and income from the 16[Brihan Mumbai Electric Supply and Transport Undertaking] for the next ensuing official year.