juris

Section 20: Estimates

Small And Medium Enterprises Development Authority Act · PART IV: FINANCIAL PROVISIONS AND ACCOUNTS

consolidated text (as at 2016). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

20. Estimates (1) The Authority shall, not later than 30 September in every year, submit to the Minister an estimate of the income and expenditure of the Authority for the next financial year. (2) Subject to subsection (3), the Minister shall, before the beginning of every financial year, signify in writing his approval of the estimate for that financial year. (3) Where the Minister signifies his approval under subsection (2), he may— (a) approve only part of the expenditure under any item; or (b) direct the Authority to amend the estimate in respect of any item in such manner as he thinks fit.

Ask juris about this section Official source