Section 3 — U. P. ACT No . XXXIII of 1961 ]

3 [ * * * * ] (4) The 1 [Kshettra Panchayat] shall every year at a meeting called before a date specified by rule for the purpose discuss the account and budget prepared by the 4 [Karya Samiti] 5 [* * * ] and then by resolution pass the budget without any modifications or with such modifications as it may deem fit to make. (5) If by the date prescribed for the passing of the budget, the budget of any 1 [Kshettra Panchayat] has not been passed under subsection (4) then the budget prepared by the 6 [Karya Samiti shall be deemed to be] the budget as passed and it shall remain in force till the 1 [Kshettra Panchayat] declares in ineffective after passing the budget under sub -section (4).