Skip to content

Section 17

Expenditure and preparation of estimates

of Majlis Amanah Rakyat Act 1966

ActIn forceProvision 18 of 47
Section 17
(1)

The expenses of the Majlis up to such amount as may be authorized by the Minister for any one year shall be defrayed out of the

Fund.

(2)

Before the beginning of September of each year the Majlis shall submit to the Minister an estimate of the expenses (including those for development projects) for the following year in such form and containing such particulars as the Minister may require; and the

Minister shall before the beginning of that following year notify the

Majlis of the amount authorized for expenses generally or of the amounts authorized for each description of expenditure.

(3)

The Majlis may at any time submit to the Minister a supplementary estimate for any one year and the Minister may allow the whole or any part of the additional expenditure included therein.