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Section 13

Expenditure and preparation of estimates

of Skills Development Fund Act 2004

ActIn forceProvision 8 of 59
Section 13

(1)

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

Skills Development Fund 17

(2)

Before the beginning of September of each year, the

Corporation shall submit to the Minister an estimate of its expenditure for the following year in such form and containing such particulars as the Minister may direct.

(3)

The Minister shall notify the Corporation before the beginning of the following year of the amount authorized for expenditure generally, or the amount authorized for each description of expenditure, based on the estimates prepared under subsection (2).

(4)

The Corporation may submit to the Minister at any time a supplementary estimate of its expenditure for any one year and the

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