State Act
34
Section 34. Financial estimates.
The Potti Sreeramulu Telugu University Act, 1985.
Act no. 27 of 19851985In forceTelangana (State Act)
34. (1) The Finance Officer shall prepare before such date as may be prescribed by the Statutes, the financial estimates for the ensuing financial year along with the annual accounts whether audited or not, of the preceding financial year and after they are considered by the Finance Committee submit them to the *[Executive Council] for approval. (2) The Government shall fix the block grant for the University normally for a period of five years: Provided that any liability which the University may have incurred with the approval of the Government and which was not envisaged at the time of fixing the block grant shall in addition to the block grant, be reimbursed.