(1) The expenditure of the Board up to such amount as may be authorized by the Minister for any year shall be defrayed out of the Fund.
(2) Before the beginning of each year, the Board shall submit to the Minister an estimate of the expenditure for the following year in such form and containing such particulars as the Minister may direct, and the Minister shall, before the beginning of that following year, notify the Board of the amount authorized for expenditure generally or of the amounts authorized for each description of expenditure.
Laws of Malaysia Act 533
(3) The Board 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 therein.
Malay text (authoritative)
Anggaran tahunan
(1) Ketua pegawai eksekutif hendaklah, tidak lewat daripada satu bulan sebelum bermulanya setiap tahun kewangan, dalam mesyuarat Lembaga, membentangkan di hadapan Lembaga suatu anggaran perbelanjaan Lembaga (termasuk perbelanjaan modal) bagi tahun yang berikutnya dengan apa-apa butir dan mengikut bentuk yang ditentukan oleh Lembaga.
(2) Suatu salinan anggaran yang disebut dalam subseksyen (1) hendaklah dihantar kepada setiap anggota Lembaga tidak kurang daripada empat belas hari sebelum anggaran itu dibentangkan.
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
