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Section 17: Estimates

Seafarers' Welfare Fund Act · PART IV: FINANCIAL PROVISIONS AND ACCOUNTS

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

17. Estimates (1) Subject to subsection (2), the Fund shall, not less than 3 months before the end of every financial year, submit to the Minister an estimate of the income and expenditure of the Fund for the next financial year for his approval. (2) The Minister may approve only part of the expenditure under any item and direct the Board to amend the estimates in respect of any other item.

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