Malaysia legislation

Section 34

of PUBLIC FINANCE AND FISCAL RESPONSIBILITY ACT 2023

Section 34

The Minister shall, in respect of the statement of estimated receipt under Clause (1) of Article 99 of the Federal Constitution, provide information on the actual revenue collection for the preceding financial year, revised revenue estimates for the current financial year, revenue estimates for the following financial year and information on tax and non-tax revenue items.

26

Act 850

(2)

The expenditure estimates shall contain the following information:

(a)

programmes and activities for operating expenditure;

(b)

programmes and projects for development expenditure;

(c)

programmes performance; and

(d)

other relevant information relating to expenditure estimates.

Mid-year expenditure performance report, fiscal risk statement and tax expenditure statement

Mid-year expenditure performance report

Section 34 — PUBLIC FINANCE AND FISCAL RESPONSIBILITY ACT 2023