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(1)The Executive Director shall, not later than three months before the end of each financial year, cause to be prepared and submitted to the Board for its approval, estimates of the income and expenditure of the Authority for the next following financial year.
(2)No expenditure shall be made out of the funds of the Authority unless the expenditure is part of the budget approved by the Board under the estimates for the financial year in which the expenditure is to be incurred.
The Children's Authority must follow strict rules when planning how to spend money. The Executive Director must prepare a budget every year and submit...
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