Yayasan Guru Tun Hussein Onn Act 2014 · s 27

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s 27Expenditure and preparation of estimates

(1)

The expenditure of the Yayasan up to such amount as may be authorized by the Minister for any one year shall be defrayed out of the Fund.

(2)

Before 1 September of each year, the Yayasan shall submit to the Minister an estimate of its expenditure for the following financial year in such form and containing such particulars as the Minister may direct.

(3)

The Minister shall, before 1 January of the following financial year, notify the Yayasan of the amount authorized for expenditure generally or of the amount authorized for each description of expenditure based on the estimate prepared under subsection (2).

(4)

The Yayasan may at any time submit to the Minister a supplementary estimate of its expenditure for any one year and the Minister may allow the whole or any part of the additional expenditure to be included in the supplementary estimate.