Environment Protection Act (Cap. 549), article 23

23. (1) The Authority shall cause to be prepared in every financial year, and shall not later than four weeks before the end of such year adopt, estimates of the income and expenditure of the ENVIRONMENT PROTECTION [CAP. 549. 19 Authority for the follo wing financial year: Provided that the estimates for the first financial year of the Authority shall be prepared and adopted within such time as the Minister may by notice in writing to the Authority specify. (2) In the preparation of such estimates the Authority shall tak e account of any funds and other monies that may be due to be pai d to it out of the Consolidated Fund during the relevant financia l year, whether by virtue of this Act or of an appropriation Act or of any other law; and the Authority shall so prepare the said esti mates as to ensure that the total revenues of the Authority are at le ast sufficient to meet all sums properly chargeable to its revenue account, including, but without prejudice to the generality of that expression, depreciation. (3) The estimates shall be made out in such form and shall contain such information and such comparisons with previous yea rs as the Minister responsibl e for finance may direct. (4) A copy of the estimates shall, upon their adoption by the Authority, be sent forthwith to the Minister and to the Ministe r responsible for finance. (5) The Minister shall, at the earliest opportunity and not late r than six weeks after he has received a copy of the estimates fr om the Authority, approve the same w ith or without amendment after consultation with the Minister responsible for finance. Expenditure to be according to approved estimates.