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Section 3

Substitution of section 24

of Inland Revenue Board of Malaysia (Amendment) Act 2015

Amendment ActIn forceProvision 3 of 4
Section 3

The principal Act is amended by substituting for section 24

the following section:

“Annual estimates

Quoted provision

Section 24

(1)

The chief executive officer shall, not later than one month before the commencement of each financial year, in a meeting of the Board, lay before the Board an estimate of the expenditure of the Board (including capital expenditure)

for the ensuing year in such detail and form as the Board may determine.

(2)

A copy of the estimates referred to in subsection (1)

shall be sent to each member of the Board not less than fourteen days before the estimates are laid.”.