44
United Nations — Treaty Series
1970
- (4) In relation to Singapore Part III of the Tenth Schedule shall have effect as if the source of revenue specified in section 7 included the property tax levied for local purposes by the State.
- (5) The decision of an independent assessor on any matter referred to him on the review of an agreement under this Article shall be binding on the governments concerned and shall be treated for purposes of this Article as the agreement of those governments.
- (6) Clause (4) of Article 108 shall not apply to require the Federal Government to consult the National Finance Council in respect of any agreement under this Article.
- (7) An agreement made before Malaysia Day shall have effect for the purposes of this Article.
- (8) This Article shall cease to have effect as regards the making of any further agreement thereunder—
- (a) if at any time there is no agreement in force under this Article; and
- (b) in such other circumstances as may be provided by any agreement thereunder :
- Provided that it shall not under paragraph (a) so cease to have effect pending the completion of a review of the operation of such an agreement (including any reference to an independent assessor).
Chapter 3—General
Borrowing powers of
Borneo States and
Singapore.
(Article 112B).
- 49. Clause (2) of Article 111 shall not restrict the power of a Borneo State or of Singapore to borrow under the authority of State law within the State, if the borrowing has the approval of the Central Bank for the time being of the Federation, nor the power of Singapore to borrow under the authority of State law otherwise than within the State, if the borrowing has the approval of the Federal Government.
State audits in Borneo
States and Singapore.
(Article 112A).
- 50. (1) The Auditor-General shall submit his reports relating to the accounts of a Borneo State or Singapore, or to the accounts of any public authority exercising powers vested in it by the State law in any of those States, to the Yang di-Pertuan Agong (who shall cause them to be laid before the House of Representatives) and to the Governor of the State ; and accordingly Clause (2) of Article 107 shall not apply to those reports.
- (2) The Governor shall cause any such report submitted to him to be laid before the Legislative Assembly.
- (3) The powers and duties of the Auditor-General in relation to the accounts mentioned in Clause (1) for any period ending before the year 1969 shall, in a Borneo State, be exercised and discharged on his behalf by the senior officer of his department for the time being stationed in the State in question:
- Provided that during the absence or incapacity of that officer, or a vacancy in his post, those powers and duties shall be exercised and
- No. 10760
