Malaysia legislation
Article LXXI
Article LXXI
(1)
Subject to Clause
(3)
, the Ruler shall, in Annual respect of every financial year, cause to be laid before ee the Legislative Assembly a statement of the estimated receipts and expenditure of the State for that year, and, unless the
State Legislature in respect of any year otherwise provides, that statement shall be so laid before the commencement of that year.
35
Enactment
No. 11/1964.
Supply Bills.
Enactment
No. 11/1964.
(2)
The estimates of expenditure shall show separately—
(a)
the total sums required to meet expenditure charged on the Consolidated Fund; and
(b)
subject to Clause
(3)
, the sums respectively required to meet the heads of other expenditure proposed to be met from the Consolidated
Fund.
(3)
The estimated receipts to be shown in the said statement do not include any sums received by way of
Zakat, Fitrah and Baitulmal or similar Muslim revenue;
and the sums to be shown under paragraph
(b)
of
Clause (2) do not include—
(a)
sums representing the proceeds of any loan raised by the State for specific purposes and appropriated for the purposes by the law authorising the raising of the loan;
(b)
sums representing any money or interests on money received by the State subject to a trust and to be applied in accordance with the terms of the trust;
(c)
sums representing any money held by the State which has been received or appropriated for the purpose of any trust fund established by or in accordance with State law.
(4)
The said statement shall also show, so far as is practicable, the assets and liabilities of the State at the end of the last completed financial year, the manner in which those assets are invested or held, and the general heads in respect of which those liabilities are outstanding.