Malaysia legislation
Section 20
Section 20
⎯(1) Every Port Authority shall, not less than thirty days before the 31st day of December in each year, submit for the approval of the Majlis Mesyuarat Kerajaan Negeri estimates of revenue and expenditure of the Port Authority for the ensuing year; and, where during any financial year additional provision is required a supplementary estimate thereof shall be submitted for the approval of the Majlis Mesyuarat Kerajaan Negeri.
(2)
No Port Authority shall incur expenditure which has not been included in estimates approved by the Majlis Mesyuarat
Kerajaan Negeri unless⎯
(a)
such expenditure is urgently required to ensure the continued efficient functioning of that Port Authority; and
(b)
such expenditure is not more than fifty thousand ringgit and does not increase the approved expenditure within any one financial year.
[Am. Ord. No. 9/76; Am. Cap. A28; Am. Cap. A70.]
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Annual report and periodical reports