149. (1) The Governor shall in respect of every financial year cause to be laid before the House or Houses of the Legislature of the Province a statement of estimated receipts and expenditure of the Province for that year, in this Part of this Constitution referred to as the “annual financial statement”.

(2) The estimates of expenditure embodied in the annual financial statement shall show separately–

(a) the sums required to meet expenditure in the annual financial statement shall show separately.

(b) the sums required to meet other expenditures proposed to be made from the revenues of the Province;

And shall distinguish expenditure on revenue account from other expenditure.

(3) The following expenditure shall be expenditure charged on the revenue of each province.

(a) the emoluments and allowances of the Governor and other expenditure relating to his office;

(b) debt charges for which the Province is liable including interest, sinking fund charges, and redemption charges, and other expenditure relating to the raising of loans and the service and redemption of debt;

(c) expenditure in respect of the salaries and allowances of judges of any High Court:

(d) any sums required to satisfy any judgement, decree, or award of any court or arbitral tribunal;

(e) any other expenditure declared by this Constitution or an Act of the Provincial Legislature to be so charged.