For business information, annual reports, laws, ordinances, regulations and articles.
120. Annual Budget Statement.
(1) The Provincial Government shall, in respect of every financial year, cause to be laid before the Provincial Assembly a statement of the estimated receipts and expenditure of the Provincial Government for that year, in this Chapter referred to as the Annual Budget Statement.
(2) The Annual Budget Statement shall show separately-
(a) the sums required to meet expenditure described by the Constitution as expenditure charged upon the Provincial Consolidated Fund; and
(b) the sums required to meet other expenditure proposed to be made from the Provincial Consolidated Fund:
and shall distinguish expenditure on revenue account from other expenditure.
121. Expenditure charged upon Provincial Consolidated Fund.
The following expenditure shall be expenditure charged upon the Provincial Consolidated Fund:-
(a) the remuneration payable to the Governor and other expenditure relating to this office, and the remuneration payable to-
(i) the Judges of the High Court: and
(ii) the Speaker and Deputy Speaker of the Provincial Assembly;
(b) the administrative expenses, including the remuneration payable to officers and servants, of the High Court and the Secretariat of the Provincial Assembly;
(c) all debt charges for which the Provincial Government is liable, including interest, sinking fund charges, the repayment or amortisation of capital, and other expenditure in connection with the raising of loans. and the service and redemption of debt on the security of the Provincial Consolidated Fund;
(d) any other sums required to satisfy any judgement, decree or award against the Province by any court or tribunal; and
(e) any other sums declared by the Constitution or by Act of the Provincial Assembly to be so charged.
122. Procedure relating to Annual Budget Statement.
(1) So much of the Annual Budget Statement as relates to expenditure charged upon the Provincial Consolidated Fund may be discussed in, but shall not be submitted to the vote of, the Provincial Assembly.
(2) So much of the Annual Budget Statement as relates to other expenditure shall be submitted to the Provincial Assembly in the form of demands for grant, and that Assembly shall have power to assent to, or to refuse to assent to, any demand or to assent to any demand subject to a reduction of the amount specified therein;
Provided that, for a period often years from the commencing day or the holding of the second general election to the Provincial Assembly, whichever occurs later, a demand shall be deemed to have been assented to unless by the votes of a majority of the total membership of the Assembly, it is refused or assented to subject to a reduction of the amount Sspecified therein.
(3) No demand for a grant shall be made except on the recommendation of the Provincial Government.
123. Authentication of schedule of authorized expenditure.
(1) The Chief Minister shall authenticate by his signature a schedule specifying-
(a) the grants made or deemed to have been made by the Provincial Assembly under Article 122, and
(b) the several sums required to meet the expenditure charged upon the Provincial Consolidated Fund but not exceeding, in the case of any sum, the sum shown in the statement previously laid before the Assembly.
(2) The schedule so authenticated shall be laid before the Provincial Assembly, but shall not be open to discussion or vote thereon.
(3) Subject to the Constitution, no expenditure from the Provincial Consolidated Fund shall be deemed to be duly authorized unless it is specified in the schedule so authenticated and such schedule is laid before the Provincial Assembly as required by clause (2).
124. supplementary and excess grant.
If in respect of any financial year it is found-
(a) that the amount authorized to be expended for a particular service for the current financial year is insufficient, or that a need has arisen for expenditure upon some new service not included in the Annual Budget Statement for that year; or
(b) that any money has been spent on any service during a financial year in excess of the amount granted for that service for that year;
The Provincial Government shall have power to authorize expenditure from the Provincial Consolidated Fund, Whether the expenditure is charged by Constitution upon that Fund or not, and shall cause to be laid before the Provincial Assembly a Supplementary Budget Statement or, as the case may be an Excess Budget Statement, setting out the amount of that expenditure and the provisions of Articles 120 to 123 shall apply to those statements as they apply to the Annual Budget Statement.
125. Votes on account.
Notwithstanding anything contained in the foregoing provisions relating to financial matters the Provincial Assembly shall have power to make any grant in advance in respect of the estimated expenditure for a part of any financial year, not exceeding three months, pending completion of the procedure prescribed in Article 122 for the voting of such grant and the authentication of the schedule of expenditure in accordance with the provisions of Article 123 in relation to the expenditure.
126. Power to authorize expenditure when Assembly stands dissolved.
Notwithstanding anything contained in the foregoing provision relating to financial matters, at any time when the Provincial Assembly strands dissolved. the Provincial Government may authorize expenditure from the Provincial Consolidated Fund in respect of the estimated expenditure for a period not exceeding four months in any financial year pending completion of the procedure prescribed in Article 122 for the voting of grants and the authentication of the schedule of authorized expenditure in accordance with the provisions of Article 123 in relation to the expenditure.
127. Provisions relating to National Assembly, etc., to apply to Provincial Assembly, etc.
Subject to the Constitution, the provisions of clauses (2) to (8) of Article 53, clauses (2) and (3) of Article 54, Article 55, Articles 63 to 67, Article 69, Article 77, Article 87 and Article 88 shall apply to and in relation to a Provincial Assembly or a committee or members thereof or the Provincial Government, but so that-
(a) any reference in those provisions to Majlis-e-Shoora (Parliament), a House or the National Assembly shall be read as a reference to the Provincial Assembly;
(b) any reference in those provisions to the President shall be read as a reference to the Governor of the Province;
(c) any reference in those provisions to the Federal Government shall be read as a reference to the Provincial Government;
(d) any reference in those provisions to the Prime Minister shall be read as a reference to the Chief Minister;
(e) any reference in those provisions to a Federal Minister shall be read as a reference to a Provincial Minister;*
(f) any reference in those provisions to the National Assembly of Pakistan shall be read as a reference to the Provincial Assembly in existence immediately before the commencing day ; and
(g) the said clause (2) of Article 54 shall have effect as if, in the proviso thereto, for the words "one hundred and thirty" the word "seventy" were substituted.
