Administration Manual - B.E.S.T. Undertaking.

128
Section 126(A) - General Manager to submit Estimate of income and
expenditure
of the Brihan Mumbai Electric Supply and Transport
Undertaking
on or before 10 th day of October every year.
Section 126 (B)-
Section
BEST Committee to consider these estimates and frame Budget
Estimates ‘C’ by making it surplus of atleast Re. 1 Lac after
making statutory payment of Rs. 40 Lacs to BMC under
460 KK.
G.M. to present this Budget Estimates ‘C’ prepared by
BEST Committee to the Standing Committee on or before 1 st of
December and Budget Estimate ‘C’ with the report of Standing
Committee to be printed and circulated to all Councillor by
Municipal Secretary by 31 st December of the year.
Section 129 Corporation to adopt Budget Estimate `C’.
Section 130 - Define Budget Grant
Section 131 - Corporation may increase amount of Budget Grants and make
Additional grants.
Section 132 - Rules as to unexpended Budget grants.
Section 133- Transfer of Grants.
Section 134- Readjustment of Income and Expenditure to be made by
Corporation during course of official year whenever necessary
Section 137(A)- Monthly scrutiny of accounts by MCA.
Section 460(H)- Levy of fares and charges for Transport Services.
Section 460(I)- Levy of charges for Electricity.
Section 460(Z)-
Fund
Constitution of Brihanmumbai Electric Supply & Transport
Except as provided in the Section 460(HH) all monies received by or an behalf
of the Corporation in respect of operation of BEST Undertaking shall be credited to a
fund which is called as Brihanmumbai Electric Supply Transport Fund.