Section 251. Revision of Budget.

If, in the course of the official year the municipality finds it necessary to modify the provisions made in the budget with regard to the receipts or to the distribution of the amounts to be expended on the different services it undertakes, it may make such modifications : Provided that no diversion of grants transferred by the Government out of the Consolidated Fund of the 1[Union territory of Jammu and Kashmir] can be made for a purpose, programme or scheme not covered under such grants : Provided also that, without the approval of the Director,–– (a) no reduction of over ten percent is made in the grants approved for any developmental functions of the municipality ; and (b) the closing balance shall not be reduced below the sum fixed under clause (c) of sub-section (3) of section 250.