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Part 5

29. Annual estimates

(1)

The Managing Director shall not later than one month before the commencement of each financial year, lay before the Board an estimate of expenditure of the Perbadanan TAIB (including capital expenditure) for the ensuing year in such detail and form as the Board may determine.

(2)

A copy of such estimates shall be sent to each member of the

Board not less than 14 days prior to the meeting before which the estimates is to be laid.

Report