18. Grants and loans by Central Government.—The Central Government may, after due
appropriation made by Parliament by law in this behalf, pay to the Board such sums of money as the
Central Government may consider necessary.
19. Constitution of Brahmaputra Board Fund.—(1) There shall be constituted a Fund to be called
the Brahmaputra Board Fund and there shall be credited thereto the sums paid to the Board by the Central
Government or by any State Government and all other sums received by the Board.
(2) The Fund shall be applied—
(a) for meeting the salary, allowances and other remuneration of the members, officers and other
employees of the Board and other administrative expenses of the Board;
(b) for meeting the expenditure on surveys and investigations undertaken by the Board;
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(c) for meeting the cost of construction, operation and maintenance of projects undertaken by the
Board;
(d) for meeting the other expenses of the Board in the discharge of its functions under this Act ;
and
(e) if any sums are received by the Board under sub-section (2) of section 17, for the payment of
such sums to the State Governments concerned.
20. Budget.—The Board shall prepare, in such form and at such time each year as may be prescribed,
its budget for the next financial year, showing the estimated expenditure, the amount of expenditure
which any State Government has undertaken to provide for, and forward the same to the Central
Government.
21. Annual report.—The Board shall prepare, in such form and at such time each year as may be
prescribed, its annual report, giving a full account of its activities during the previous year, and forward
copies thereof to the Central Government and that Government shall cause the same to be laid before each
House of Parliament.
22. Accounts and audit.—The accounts of the Board shall be maintained and audited in such manner
as may, in consultation with the Comptroller and Auditor-General of India, be prescribed.