Malaysia legislation

Section 18

of *HIGHWAY AUTHORITY MALAYSIA (INCORPORATION) ACT 1980

Section 18

Financial year and annual estimate

(2)

The Chairman shall, not later than one month before the commencement of each financial year, lay before the Authority an estimate of the revenue and expenditure, including capital expenditure, of the Authority for the ensuing financial year in such detail and form as the Authority may determine.

(3)

The Chairman shall cause to be sent to every member of the

Authority a copy of the estimate not later than fourteen days prior to the date of the meeting at which the estimate is to be laid.

Accounts and audit