and the exercise of its powers under the communications and 
                    multimedia laws;

            (e)   repaying any moneys borrowed under section 43 and the interest 
                    due thereon;

            (f)   granting loans and advances to its employees under section 24; and

            (g)   generally, paying any expenses for carrying into effect the 
                    provisions of the communications and multimedia laws.  


40.   It shall be the duty of the Commission to conserve the Fund by so performing its functions and exercising its powers under this Act as to secure that the total revenue of the Commission are sufficient to meet all sums properly chargeable to its revenue account including depreciation and interest on capital taking one year with another.   


41.   (1)   The expenditure of the Commission up to such amounts as may be authorized by the Minister for any one year shall be defrayed out of the Fund.















Conservation of Fund.








Expenditure and preparation of estimates.


         (2)   Before 1 September each year, the Commission shall submit to the Minister an estimate of its expenditure (including the expenditure for research and development programmes) for the following year in such form and containing such particulars as the Minister may direct.

        (3)   The Minister shall, before 1 January the following year, notify the Commission of the amount authorized for expenditure generally or of the amount authorized for each description of expenditure based on the estimate prepared under subsection (2).

        (4)   The Commission may, at any time, submit to the Minister a supplementary estimate of its expenditure for any one year and the Minister may allow the whole or any part of the additional expenditure included therein.


42.   The Commission shall open and maintain an account or accounts with such bank or banks in Malaysia as the commission thinks fit, after consulting 




















Bank accounts.
 

mukasurat 20