The Food Safety and Standards Act, 2006
Chapter XI Finance,
Accounts, Audit and Reports
81. Budget of Food
Authority. -
1.
The
Food Authority shall prepare, in such form and at such time in each financial
year as may be prescribed by the Central Government, its budget for the next
financial year, showing the estimated receipts and expenditure of the Food
Authority and forward the same to the Central Government.
2.
The
Food Authority with the prior approval of the Central Government, shall adopt
financial regulation which specifies in particular, the procedure for drawing
up and implementing the Authority's budget.