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In forceUpdated to 1 Oct 2018Read it in Bahasa Malaysia

Part IV · Finance

28. Expenditure and preparation of estimates

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(1)

The expenditure of the Board up to such amount as may be authorized by the Minister for any one year shall be defrayed out of the Fund.

(2)

Before the first day of June of each year, the Board 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.

(3)

The Minister shall, before the first day of the month of

January of the following year, notify the Board 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 Board may at any time submit to the Minister a supplementary estimate for any one year and the Minister may allow the whole or any part of the additional expenditure included in the supplementary estimate.

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