Section 17: Budget — Korangi Fisheries Harbour Authority Ordinance, 1982

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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17. Budget.—(1) In the month of November each year, the Authority shall submit to the Federal Government for approval a statement of the estimated receipts and expenditure in rupees in respect of the next financial year. (2) In the manner prescribed by the Federal Government, the Authority shall also submit to the Federal Government for approval a statement of the estimated receipts and expenditure in foreign exchange in respect of the next financial year. (3) The Authority shall obtain specific sanction of the Federal Government in respect of each individual scheme costing two million and five hundred thousand rupees non-recurring or five hundred thousand rupees recurring or more to be financed out of the Korangi Fisheries Harbour Authority Fund.

Effective date: 1982-01-01

Related sections

Section 16: Korangi Fisheries Harbour Authority Fund Section 18: Audit and Accounts Section 15: Delegation of powers to Chairman, etc. The Authority may by general or special order,Section 19: Account. The Authority shall, with the prior approval of the Federal Government, open Section 14: Indemnity. No suit, prosecution or other legal proceedings shall lie against the Authority,Section 20: Penalty. Whoever contravenes any provision of this Ordinance or any rule or regulation

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