Section 24A
Expenditure and preparation of Estimates
of Perbadanan Pembangunan Ekonomi Sarawak Ordinance, 1958
—
The expenses of the Corporation up to such amount as may be authorized by the Minister for any one year shall be defrayed out of the funds of the Corporation.
(2)
Before the beginning of September of each year the
Corporation 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 the following year notify the Corporation of the amount authorized for expenses generally or of the amounts authorised 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 part of the additional expenditure included in it.
[Ins. Ord. No. 19/71.]
Interest on loans made by the Corporation