Section 8
Dealings with COVID-19 Fund upon the expiry of Act
of Temporary Measures for Government Financing (Coronavirus Disease 2019 (COVID-19)) Act 2020
Upon the expiry of this Act, where there is any money payable from the COVID-19 Fund, it shall be paid within six months from the date of expiry of this Act.
(2)
Where there is any balance of moneys in the COVID-19 Fund after all the payments are made under subsection (1), notwithstanding subsection 10(3) of the Financial Procedure Act 1957, such balance of moneys shall be paid by the Minister into the Development Fund specified in the Second Schedule to the Financial Procedure Act 1957.
(3)
After the balance of moneys in the COVID-19 Fund has been paid in accordance with subsection (2), the COVID-19 Fund shall be deemed dissolved and the Dewan Rakyat may, by a resolution, delete the COVID-19 Fund from the Second Schedule to the Financial
Procedure Act 1957.
Temporary Measures for Government Financing
(Coronavirus Disease 2019 (COVID-19))