Section 16: Annual Budget Statement. The Corporation shall by such date in each year as may be — Provincial Industrial Development Corporation (West Pakistan) Ordinance, 1962

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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16. Annual Budget Statement. The Corporation shall by such date in each year as may be prescribed, by rules, submit to the Government for approval a statement, to be called the Annual Budget Statement, in the prescribed form for every financial year showing the estimated receipts and expenditure and sums which are likely to be required from the Government during that financial year.

Effective date: 1962-01-01

Related sections

Section 15I: Act XVIII of 1891 to apply to the books of the Corporation. The Corporation shall be Section 17: Custody and investment of Corporation Funds Section 15H: [Recovery of dues form borrower or surety.] Omitted by the Provincial Industrial Section 18: Maintenance of accounts. The Corporation shall maintain proper accounts and other Section 15G: [Certification of sums re-coverable.] Omitted by the Provincial Industrial Development Section 19: Audit

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