NATIONAL VOCATIONAL TRAINING ACT - 1970 (ACT 351)

    Section - 12 - Estimates of Expenditure.

    (1) The Board shall cause to be prepared estimates of income and expenditure for each financial year and submit them through the Minister for approval by the Government.

    (2) The Minister shall approve, amend or recommend such changes in the estimates submitted to him under the foregoing subsection as the Minister thinks fit.

    (3) The Board shall ensure that any funds approved by the Government in pursuance of the provisions of this section shall be employed solely for the purposes for which they were approved and in accordance with the financial regulations of the Institute.