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Government Trust Funds Enactment 1964

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Type
State Enactment
Status
In force
Enacted
1964
Sections
6

Quick answer

About this state enactment

Government Trust Funds Enactment 1964 is Malaysia State Enactment, cited as State Enactment 1964 1964, currently marked in force and first recorded in 1964.

Section 1

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This Enactment may be cited as the Government Trust Funds Enactment, 1964 and shall be deemed to have come into operation on the 1st day of January, 1964.

Interpretation.

Section 2

In this Enactment –

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“Financial Procedure Act” means the Financial Procedure Act, 1957 [Act 61] of the

Federation as extended to Sabah by an order made under section 74 of the Malaysia Act, 1963.

Establishment of trust funds.

Section 3

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There shall be established the trust funds specified in the Schedule consisting of monies from time to time appropriated thereto from the Consolidated Fund.

Application of Contingencies funds.

Section 4

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(1)

All monies appropriated to the Contingencies Fund shall be applied in accordance with the provisions of subsection (2).

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(2)

The Minister for Finance, if he is satisfied that there has arisen an urgent and unforeseen need for expenditure for which no other provision exists and for which monies cannot be provided under the provisions of subsection (4) of section 29 of the Financial

Procedure Act, 1957 [Act 61.], may make advances from the Contingencies Fund to meet the need pending the presentation of a supplementary estimate and the introduction of a supply

Bill as soon as possible for the purpose of replacing the amount so advanced.

FOR REFERENCE ONLY (April 2023)

4

Application and accounting of trust funds.

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Section 5

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Subject to the provisions of section 4 all monies appropriated to the trust funds shall be applied and accounted for in accordance with the provisions of the Financial Procedure Act,

1957 [Act 61.].

Schedule

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(Section 3)

Contingencies Fund.

Conveyance Advance Fund.

Inter-Administration Current Fund.

Maintenance of Roads and Bridges Fund.

Miscellaneous Advances Fund.

Personal Advances (Public Officers) Fund.

Plant Hire Fund-Maintenance.

Plant Hire Fund-Renewals.

Treasury Main Clearance Account Fund.

Unallocated Stores and Works Fund.

The Development Fund.

Sabah Government Officers’ Supplementary Housing Loans Fund.

Water Supplies (Operation and Maintenance) Fund.

Water Supplies (Renewals) Fund.

Loans to Statutory and other Bodies Fund.

Sinking Funds Account.

Self-accounting Departments Clearance Account.

JKR Quarry and Premix (Operation and Maintenance) Fund.

JKR Quarry and Premix (Renewals) Fund.

Youth Land Development Scheme Fund.

Low Cost Housing Trust Fund.

Advances to Students on Government Scholarships in Local Universities Fund.

Water Department Unallocated Stores and Works Fund.

Sewerage System (Operation and Maintenance) Trust Fund.

Bon Trust Fund.

Sabah State Education Trust Fund.

Sabah State Professional Accounting Bodies Education Trust Fund.

Sabah State Special Trust Fund.

Common questions

What is Government Trust Funds Enactment 1964?
Government Trust Funds Enactment 1964 is Malaysia State Enactment, cited as State Enactment 1964 1964, currently marked in force and first recorded in 1964.
Is Government Trust Funds Enactment 1964 still in force?
Yes — Government Trust Funds Enactment 1964 is currently in force.
When did Government Trust Funds Enactment 1964 take effect?
Government Trust Funds Enactment 1964 was first recorded in 1964.
How many sections does Government Trust Funds Enactment 1964 have?
Government Trust Funds Enactment 1964 contains 5 sections.
Where can I read the official version of Government Trust Funds Enactment 1964?
The official text of Government Trust Funds Enactment 1964 is published at sagc.sabah.gov.my.