21
In forceBudget of income and expenditure
Part 4The Corporation and its functions
Division 5Compulsory contributions
21 Budget of income and expenditure
(1)
The Corporation must prepare a budget of income and expenditure for each financial year in respect of its activities.
(2)
The Corporation may prepare one or more supplementary budgets of income and expenditure for a particular financial year in respect of its activities.
(3)
The budget must fix the amount that is to be raised by compulsory contributions (the budgeted income from compulsory contributions) for the relevant financial year and a supplementary budget may increase or decrease that amount.
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