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Section 18: Estimates

Tourism Employees Welfare Fund Act

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

18. Estimates (1) The Board shall, not later than 3 months before the commencement of every financial year, submit for the Minister’s approval, a consolidated estimate of the expenditure and income of the Fund. (2) Subject to subsection (3), the Minister shall, before the commencement of the financial year, signify in writing his approval of the estimates. T12 – 5 [Issue 9] Tourism Employees Welfare Fund Act (3) In signifying his approval under subsection (2), the Minister may approve part only of the expenditure under any item and direct the Board to amend the estimates in respect of any item. (4) —

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