Malaysia legislation

Section 16

of Sabah Economic Development And Investment Authority Enactment 2009

Section 16

(1)

The expenditure of the Authority for any one year shall be defrayed out of the

Fund.

(2)

Before the beginning of September of each year or at any other date specified by the Government and the Federal Government, the Authority shall submit to the

Government and the Federal Government an estimate of the expenditure, including the expenditure for the Sabah Development Corridor, for the following year in such form and containing such particulars as maybe directed.

(3)

The Government and the Federal Government shall notify the Authority of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure.

(4)

The Authority may at any time submit to the Government and the Federal

Government a supplementary estimate of its expenditure for any one year and the

Government and the Federal Government may allow the whole or any part of the additional expenditure included in the supplementary estimate.

11

Time limit for submission of accounts for auditing