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Section 23

Expenditure and preparation of estimates

of Perbadanan Stadium Malaysia 2010

ActIn forceProvision 23 of 49
Section 23
(1)

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

(2)

Before 30 September of each year, the Perbadanan shall submit to the Minister an estimate of the expenditure, including the expenditure for development, operation or management of stadiums, for the following year in such form and containing such particulars as the Minister may direct.

(3)

The Minister shall, before the beginning of the following year, notify the Perbadanan 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 Perbadanan may, at any time, submit to the Minister a supplementary estimate of its expenditure for any one year and the

Minister may allow the whole or any part of the additional expenditure included in the supplementary estimate.

(5)

The Minister may direct the Perbadanan to submit a copy of the estimate or supplementary estimate, as the case may be, to such other public authority as may be specified in the direction.