Section 2
Grants to States
of Revenue Growth Grants Act 1977
(1)
Whenever there is a growth in the revenue of the Federation in any financial year as compared to the preceding financial year, the Minister shall for the following financial year allocate for the purposes of making grants under sections 4, 4A and 4B an amount not exceeding two hundred and fifty million ringgit to be apportioned as follows:
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(a)
a portion of the amount not exceeding fifty million ringgit for the purposes of section 4;
(b)
a portion of the amount not exceeding one hundred million ringgit for the purposes of section 4A; and
(c)
the remainder portion not exceeding one hundred million ringgit for the purposes of section 4B.
(2)
Notwithstanding subsection (1), the limit of two hundred and fifty million ringgit, fifty million ringgit in paragraph (a), one hundred million ringgit in paragraph (b) and one hundred million ringgit in paragraph (c) may be reviewed and varied by the Minister.