Singapore legislation
Section 26
of Singapore Institute of Standards and Industrial Research Act
Section 26
Estimates
(1)
The Institute shall in every year cause to be prepared and adopt annual estimates of income and expenditure of the Institute for the ensuing year.
(2)
Supplementary estimates may be adopted by the Institute.
(3)
A copy of all annual and supplementary estimates shall, upon their adoption by the Institute, be sent forthwith to the Minister who may approve or disallow any item or portion of any item shown in the estimates, and shall return the estimates as amended by him to the Institute and the Institute shall be bound thereby.