Section 23
Expenditure and preparation of estimates
of Housing Development Corporation Ordinance, 2002
—
(1)
The expenditure of the Corporation up to such amount as may be authorized by the Majlis Mesyuarat Kerajaan Negeri for any financial year shall be defrayed out of the Fund.
(2)
Before the beginning of each year, the Corporation shall submit to the Majlis Mesyuarat Kerajaan Negeri an estimate of the expenditure for the following year in such form and containing such particulars as the Majlis may direct, and the Majlis shall, before the beginning of that following year, notify the Corporation through the
Minister of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure.
(3)
The Corporation may at any time submit to the Majlis
Mesyuarat Kerajaan Negeri a supplementary estimate for any one financial year as the Majlis may allow.