388. The Minister shall inform every regional board, before 1 April each year, of the total amount he shall allocate to its operating budget for the following fiscal year.
Within the following 30 days, the board of directors shall see to it that the operating budget of the regional board is revised, if necessary, adopt the operating budget of the regional board and inform the Minister thereof.
Where a budget balancing plan is required to enable the regional board to adhere to its operating budget, the board of directors shall see to it that such a plan is prepared, adopted and transmitted to the Minister, within 60 days, along with the operating budget of the regional board.
In addition, the Minister may, if he considers it expedient, allocate a capital budget to a regional board on the conditions he determines.