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Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963

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Type
State Ordinance
Status
In force
Enacted
1963
Sections
7

Quick answer

About this state ordinance

Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 is Malaysia State Ordinance, cited as State Ordinance Cap. 37 1963, currently marked in force and first recorded in 1963.

Chapter

Chapter 37

Chapter 37

Incorporating all amendments up to 30th November, 2024

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PREPARED, REPRINTED AND PUBLISHED BY

THE COMMISSIONER OF LAW REVISION, SARAWAK

UNDER THE AUTHORITY OF THE REVISION OF LAWS ORDINANCE, 1992 2010

Revised up to

...

...

8th December, 2000

Date of publication in Gazette of this revised version

...

14th December, 2000

Date appointed for coming into force of this revised version pursuant to section 6(1)(w) of the Revision of

Laws Ordinance, 1992 [Cap. 1]

1st January, 2001

_______________

Enacted in 1963 as Ordinance No. 21 of 1963.

Reprinted in 1972.

Revised in 2000 as Chapter 37.

Reprinted in 2007

1

________________

Opening note

Preamble

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  1. An Ordinance to provide for the establishment and operation of a Contingencies Fund and of Trust Funds. [1st January, 1964] Enacted by the Legislature of Sarawak⎯ Short title

Section 1

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This Ordinance may be cited as the Financial Procedure

(Contingencies and Trust Funds) Ordinance, 1963.

Section 2

Interpretation

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In this Ordinance⎯

“Consolidated Fund” means the Consolidated Fund established under the Constitution of the State;

“State financial authority” means the principal officer in charge of the financial affairs of the State.

(2)

In this Ordinance, reference to the Consolidated Trust

Account shall be construed as a reference to that account of the

Consolidated Fund maintained pursuant to section 23 of the Financial

Procedure Act 1957 [Act 61].

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Contingencies Fund

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Section 3

⎯(1)

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There shall be established a Contingencies Fund consisting of moneys from time to time appropriated to it.

(2)

All moneys appropriated to the Contingencies Fund shall be paid from the Consolidated Fund into the Contingencies Fund and shall be applied by the State financial authority in accordance with subsection (3), and all moneys not so applied shall be paid by the

State financial authority into the Consolidated Fund and shall be accounted in a separate account in the Consolidated Trust Account.

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(3)

The Chief Minister, if he is satisfied that there has arisen an urgent and unforeseen need for expenditure for which no other provision exists and for which moneys cannot be provided under section 29(4) of the Financial Procedure Act 1957 [Act 61], may make advances from the Contingencies Fund to meet that need.

Trust funds

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Section 4

⎯(1)

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There shall be established as trust funds the funds specified in the Schedule.

(1A)

The Chief Minister may, from time to time by direction published in the Gazette, amend, delete from or add to the Schedule.

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(2)

There shall be paid from the Consolidated Fund into each of the trust funds specified in the Schedule such moneys as may from time to time be appropriated by State law for the purposes to each of such funds.

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(3)

The State financial authority may, subject to any written law, direct that the moneys of each of the funds specified in the

Schedule shall be applied for such purposes and to be managed, operated and controlled by such person and in such manner as may be specified in the said direction.

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(4)

All moneys not applied in accordance with subsection (2)

shall be paid by the State financial authority into the Consolidated

Fund, and shall be accounted in a separate account in the Consolidated

Trust Account to be applied in the manner provided in subsection (3).

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(5)

Any direction made under subsection (1A) or (3) shall be laid before the Dewan Undangan Negeri and, if not sooner revoked, shall cease to have effect if resolutions are passed by the Dewan

Undangan Negeri annulling such direction, but without prejudice to anything previously done by virtue thereof or to the power of the

Chief Minister or to the State financial authority to issue new direction under subsection (1A) or (3) respectively.

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Schedule

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Bandar Sibu …. [Deleted by Swk. L.N. 1/2013]

Borneo ….. [Deleted by Swk. L.N. 308/2024]

Borneo Literature …. [Deleted by Swk. L.N. 308/2024]

Brooke ….. [Deleted by Swk. L.N. 308/2024]

Conveyance, Computer and Household Appliances Advance Fund

Development Fund

Endowment Fund Sarawak

Financing of Affordable Housing Trust Fund

Front-End Engineering Trust Fund

Government Contributions Towards Approved Agencies Trust Fund

Government Group Personal Accident Insurance Fund

Inter-Administration Current Account Fund

JBALB Unallocated Central Store Trust Fund

Ketua Masyarakat (Ketua Kaum) Trust Fund

Longhouse Loan For Low Income Group Trust Fund

Personal Advances (Public Officers) Fund

Post-Natal Assistance (BIB) Trust Fund

Sarawak Dewan Suarah Fund

6

Sarawak Housing Contribution Trust Fund

Sarawak Heritage Trust Fund

Sarawak Micro Credit Scheme Trust Fund

Sinking….. [Deleted by Swk. L.N. 308/2024]

Special Land Acquisition Fund

State Celebration Trust Fund

State Disaster Relief Fund

State Road Maintenance Fund

Sungai Sarawak Barrage Fund

Treasury Main Clearance Account Fund

Unallocated Stores and Works Fund

Unallocated Stores Trust Fund

Urban Development Trust Fund

[Am. Ord. No. 4/64, Ord. No. 4/68, Cap. A10, Swk. L.N. 26/96, 39/96, 40/96, 58/99,

58/2000, 10/2001, 104/2005, 57/2007, 78/2011, 1/2013, 267/2019, 269/2019,

348/2019, 206/2020, 259/2020, 469/2020, 485/2020, 368/2021, 344/2022,

272/2024, 308/2024, 309/2024, 386/2024.]

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Chapter 37

FINANCIAL PROCEDURE (CONTINGENCIES AND

TRUST FUNDS) ORDINANCE, 1963

Particulars under section 7(b) and (c) of the Revision of Laws Ordinance, 1992 [Cap. 1]

LIST OF AMENDMENTS

Amending Law

Short Title

In force from

Ord. No. 4/1964

… Financial Procedure (Contingencies and

Trust Fund) (Amendment)

Ordinance, 1964 1.1.1964

Ord. No. 4/1968

… Financial Procedure (Contingencies and

Trust Fund) (Amendment)

Ordinance, 1968 1.1.1966

Cap. A10

… Financial Procedure (Contingencies and

Trust Fund) (Amendment)

Ordinance, 1993 9.12.1993

Swk. L.N. 26/96

… Bandar Sibu Development Trust Fund

Direction, 1996 1.7.1996

Swk. L.N. 39/96

… Amendment to

Schedule

Suggest a correction

(No.

1)

Direction, 1996 1.1.1996

Swk. L.N. 40/96

… Amendment to

Schedule

Suggest a correction

(No.

2)

Direction, 1996 1.1.1996

Swk. L.N. 58/99

… Amendment to Schedule Direction,

1999 1.1.1999

Swk. L.N. 58/2000

… Amendment to Schedule Direction,

2000 1.1.2001

Swk. L.N. 10/2001

… Amendment to Schedule Direction,

2001 1.1.2001

Swk. L.N. 104/2005

… Amendment to Schedule Direction,

2005 1.1.2006

Swk. L.N. 57/2007

… Amendment to Schedule Direction,

2007 1.1.2006

Swk. L.N. 78/2011

… Amendment to Schedule Direction,

2011 1.7.2011

Swk. L.N. 1/2013

… Amendment to Schedule Direction,

2013 1.1.2013

Swk. L.N. 267/2019

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) Direction, 2019 1.1.2018

[List of Amendments]

8

Amending Law

Short Title

In force from

Swk. L.N. 269/2019

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 2) Direction, 2019 1.6.2019

Swk. L.N. 348/2019

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 3) Direction, 2019 1.6.2019

Swk. L.N. 206/2020

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) Direction, 2020 1.4.2020

Swk. L.N. 259/2020

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 2) Direction, 2020 1.8.2020

Swk. L.N. 469/2020

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 3) Direction, 2020 1.1.2021

Swk. L.N. 485/2020

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 4) Direction, 2020 1.1.2020

Swk. L.N. 368/2021

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) Direction, 2021 1.10.2020

Swk. L.N. 344/2022

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) Direction, 2022 5.12.2022

Swk. L.N. 272/2024

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) Direction, 2024 2.8.2024

Swk. L.N. 308/2024

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 2) Direction, 2024 19.8.2024

Swk. L.N. 309/2024

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 3) Direction, 2024 19.8.2024

Swk. L.N. 386/2024

… The Financial Procedure (Contingencies

And Trust Funds (Amendment to

Schedule) (No. 4) Direction, 2024 19.11.2024

9

LIST OF LAWS OR PARTS OF THEM SUPERSEDED

No.

Short Title

Ord. No. 21 of 1963

Financial Procedure (Contingencies and Trust Fund)

Ordinance, 1963

Ord. No. 21 of 1963

(Reprint 1972)

Financial Procedure (Contingencies and Trust Fund)

Ordinance, 1963

Common questions

What is Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963?
Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 is Malaysia State Ordinance, cited as State Ordinance Cap. 37 1963, currently marked in force and first recorded in 1963.
Is Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 still in force?
Yes — Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 is currently in force.
When did Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 take effect?
Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 was first recorded in 1963.
How many sections does Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 have?
Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 contains 4 sections.
Where can I read the official version of Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963?
The official text of Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 is published at lawnet.sarawak.gov.my.
Financial Procedure (Contingencies and Trust Funds) Ordinance, 1963 (Cap. 37)