Port Authorities Act 1963 · Updated to 1 Dec 2020 · Part I · Port Authorities
12. Supplementary estimates
Feedback & supportThe authority may, at any time during the year for which estimates have been approved under section 11, cause a supplementary estimates to be prepared and submitted to the Minister.
Subsections 11(3) and (4) shall apply to supplementary estimates aforesaid as they apply to annual estimates of revenue and expenditure.
estimates
“estimates” means in respect of recurrent revenue the best possible commercial forecast of revenue taking into account the general conditions of world trade and all other relevant factors and in respect Port Authorities 77 of recurrent expenditure the best possible commercial forecast of expenditure likely to be incurred having regard to the estimates of revenue;