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Section 33

Expenditure and preparation of estimates

of Malaysia External Trade Development Corporation Act 1992

ActIn forceProvision 33 of 38
Section 33

(1)

The expenditure of the Corporation up to such amount as may be authorized by the Minister for any one year shall be defrayed out of the Fund.

26 Laws of Malaysia ACT 490

(2)

Before the beginning of September of each year, the

Corporation shall submit to the Minister an estimate of the expenditure (including the expenditure for development projects) for the following year in such form and containing such particulars as the

Minister may direct; and the Minister shall, before the beginning of the following year, notify the Corporation 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 Minister a supplementary estimate for any one year and the Minister may allow the whole or any par of the additional expenditure included therein.

Statutory Bodies (Accounts and Annual Reports) Act 1980