Malaysia legislation
Section 33
Section 33
Expenditure and preparation of estimates
(2)
Before 1 September of each year, the Institute shall submit to the Minister an estimate of the expenditure, including the expenditure for research and development activities, for the following year in such form and containing such particulars as the Minister may direct.
28 Laws of Malaysia ACT 729
(3)
The Minister shall, before the beginning of the following year, notify the Institute of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure based on the estimate prepared under subsection (2).
(4)
The Institute may at any time submit to the Minister a supplementary estimate of its expenditure for any one year and the
Minister may allow the whole or any part of the additional expenditure included in the supplementary estimate.
(5)
The Minister may direct the Institute to submit a copy of the estimate or supplementary estimate, as the case may be, to such other public authority as may be specified in the direction.
Financial year