Malaysia legislation

Section 4

of DEVELOPMENT FUNDS ACT 1966

Section 4

Development estimates

(a)

the estimated opening balance and total income of the

Fund for the year;

(b)

the proposed expenditure, whether direct or by way of loan, to be met out of the Fund in the year;

(c)

the sums necessary to meet each head and subhead of the proposed expenditure;

(d)

the estimated total cost of projects, works and undertakings included under any head or subhead of such proposed expenditure, whether or not such projects, works or undertakings are to be completed in the year.

(2)

If in respect of any financial year it is found—

(a)

that the amount appropriated under any head of expenditure is insufficient or that a need has arisen for expenditure for a purpose for which no amount has been appropriated by a resolution of the Dewan Rakyat; or

(b)

that any moneys have been expended for any purpose in excess of the amount, if any, appropriated for that purpose by a resolution aforesaid, a supplementary statement showing the sums required to be spent and the estimated total cost (or the actual cost) of the project, work or undertaking included under each subhead of expenditure shall be laid before the Dewan Rakyat.

(3)

The Dewan Rakyat may by resolution approve all or any part of any expenditure shown in a statement or supplementary statement referred to in subsections (1) and (2), and shall by such resolution appropriate the sums necessary to meet such approved expenditure.

(4)

The Yang di-Pertuan Agong shall cause to be laid before the

Dewan Negara a statement of any expenditure approved by the

Dewan Rakyat under subsection (3).

8

(5)

The Yang di-Pertuan Agong may, in respect of any financial year, cause to be laid before the Dewan Rakyat a provisional statement showing the sums necessary to meet urgent expenditure until the statement referred to in subsection (1) is laid before the

Dewan Rakyat; and it shall be sufficient to indicate in such provisional statement the heads of the proposed expenditure.

(6)

Subsections (3) and (4) shall apply to a provisional statement laid before the Dewan Rakyat under subsection (5).

Virement