Malaysia legislation
Section 21
of Land Custody and Development Authority Ordinance, 1981 ( Ord. No. 4/81 )
Section 21
Expenditure and preparation of estimates
The expenses of the Authority up to such amount as may be authorised by the Minister for any one year shall be defrayed out of the Fund.
23
(2)
The Authority shall in every year cause to be prepared in a form to be approved by the State Financial Secretary a budget to be forwarded to the Minister not later than the 31st day of August containing estimates of income and expenditure of the Authority for the ensuing year and such other particulars as the State Financial
Secretary may require.
(3)
The estimates of income and expenditure of the Authority for each development project or enterprise shall be prepared separately and apart.
(4)
The Minister may approve or disallow any item or portion of any item shown in the budget, and shall return the budget as amended by him to the Authority.
(5)
The Authority may at any time submit to the Minister a supplementary estimate for any one year and the Minister may allow the whole or any apart of the additional expenditure included therein.
Accounts and audit