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Section 27: Estimates

Central Water Authority Act · PART V: FINANCIAL PROVISIONS AND ACCOUNTS

consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

27. Estimates (1) The Authority shall, at least 4 months before the end of any financial year, draw up an estimate of the income and expenditure of the Authority for the next financial year. (2) An attested copy of the estimate for the next financial year shall, at least 3 months before the end of each financial year, be submitted to the Minister for his approval. (3) The Minister in signifying his approval under subsection (2) may— (a) approve part only of the expenditure under any item; (b) amend the expenditure in respect of any item in such manner as he thinks fit. (4) No new or additional expenditure shall be incurred before the Minister signifies his approval. 28. —

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