14
Budget
Act: Balochistan Mass Transit Authority Act 2017
Section Provisions
ACT VI OF 2017 ACT VI OF 2017 BALOCHISTAN MASS TRANSIT AUTHORITY ACT, 2017 An Act to provide for the establishment of Balochistan Mass Transit Authority [Gazette of Balochistan Extraordinary, 9th September, 2017] No. PAB/Legis:v(07)/2017, dated 9.9.2017.---The Balochistan Masstransit Authority Bill (Bill No.07 of 2017) having been passed by the Provincial Assembly of Balochistan on 28th August 2017 and assented to by the Governor, Balochistan on 08th September, 2017 is hereby published as an Act of the Balochistan Provincial Assembly. Preamble.---WHEREAS, it is expedient to establish Balochistan Masstransit Authority for the purpose of construction, operation and maintenance of masstransit system in the major cities of Balochistan for providing safe, efficient and comfortable urban transport system; and to provide for the matters connected therewith or ancillary thereto; It is hereby enacted as follows:- 14. Budget.---(1) The Authority shall prepare every year in such form and at such time as may be prescribed a budget in respect of the next financial year showing the estimated receipts and expenditures of the Authority and shall submit the same to the Government for approval. (2) If the Government fails to approved or modify the budget within thirty days of its receipt, the budget as prepared by the Authority shall be deemed to have been approved.