Section 44
Budget . — (1) Every mutawalli of f a 1 [waqf] shall, in every year prepare, in such form and at such time as may be prescribed, a budget in respect of the financial year next ensuing showing the estimated receipts and expenditure during that financial year.
44. Budget . — (1) Every mutawalli of f a 1 [waqf] shall, in every year prepare, in such form and at such time as may be prescribed, a budget in respect of the financial year next ensuing showing the estimated receipts and expenditure during that financial year.
(2) Every such budget shall be submitted by the mutawalli at least 3 [thirty days] before the beginning of the financial year to the Board and shall make adequate provision for the following:—
(i) for carrying out the objects of the 1 [waqf];
(ii) for the maintenance and preservation of f the 1 [waqf] property;
(iii) for the discharge of all liabilities and subsisting commitments binding on the 1 [waqf] under this Act or any other law for the time being in force.