85. (1) The Governor shall in respect of every financial year cause to be laid before both Chambers of the Provincial Legislature a statement of the estimated receipts and expenditure of that year called the “annual financial statement”.
(2) Such statement shall be so placed by a member of the Council of Ministers.
(3) The estimates of expenditure embodied in the annual financial statement shall be submitted in the form of demands for grants to the Legislative Assembly, and thereafter to the Legislative Council ; and either Chamber shall have power to assent or refuse to assent to any demand, or to assent to any demand subject to a reduction of the amounts specified therein.
(4) If the Chambers differ with respect to any demand, the Governor shall summon the two Chambers to meet in a joint sitting for the purpose of deliberating and voting on the demand as to which they disagree, and the decision of the majority of the members of both Chambers present and voting shall be deemed to be the decision of the two Chambers.