Malaysia legislation

Section 30

of *COMPANIES COMMISSION OF MALAYSIA ACT 2001

Section 30

(2)

Before the beginning of each financial year, an estimate of the expenditure for the following financial year in such form and containing such particulars as the Minister may direct shall be submitted by the Commission to the Minister for his approval, and the

Minister shall, before the beginning of that following financial year, notify the Commission of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure.

Companies Commission of Malaysia 41

(3)

The Commission may, at any time, submit to the Minister a supplementary estimate for any one financial year and the Minister may allow the whole or any part of the additional expenditure included in it.

Conservation of the Fund

Section 30 — COMPANIES COMMISSION OF MALAYSIA ACT 2001