Employment Insurance System Act 2017 · Updated to 1 Sep 2022 · Part VII · Financial Provisions
48. Expenditure on administration
Feedback & supportNotwithstanding section 47, expenditure may be incurred by the Organization out of the Fund up to such amount as the Minister may authorize as prescribed, for any one year, for carrying on the administration of the System for the following purposes:
Organization
“Organization” has the meaning assigned to it in the Employees’ Social Security Act 1969; Employment Insurance System 13
paying for salaries, bonus, leave and transfer expenses, travelling and compensatory allowances, gratuities and compassionate allowances, contributions to benefit fund, welfare and recreation of the officers and servants of the
Organization including the granting of loans and advances, and expenditure in respect of offices and payment of other services provided under this Act or any regulations made under this Act;
paying for fees and other remunerations to any auditor, actuary, agent, technical adviser, banker, stockbroker, surveyor, consultant or any other persons employed to carry into effect the purpose of this Act;
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purchasing or hiring equipment, machinery and any other things including renting of any building or premises in the performance of its functions and in the exercise of its powers under this Act or any regulations made under this
Act.
The Board may, subject to such conditions, limitations or restrictions as the Board thinks fit, delegate to the Chairman of the
Board
“Board” means the Social Security Organization Board established under section 59B of the Employees’ Social Security Act 1969;
Board, Director General, Deputy Directors General, any of the members of the Board, Committee or committees established under section 9, Employment Services Officer, or officers and servants of the
Director General
“Director General” means the Director General of the Organization appointed under subsection 59(1) of the Employees’ Social Security Act 1969;
Organization, the authority to sanction expenditure from the Fund or any other moneys vested in and under the control of the Board up to such limit as the Board may determine.