(1) In this
section —
“relevant amounts” means —
(a)
amounts in respect of public property held for or on behalf of the State and
revenue and other debts due to the State; or
(b)
amounts in respect of public property held for or on behalf of a statutory
authority and revenue and other debts due to the statutory authority.
(2) Subject to the
monetary limit and any conditions prescribed by the regulations for the
purposes of this subsection, the relevant accountable authority may write off
relevant amounts.
(3) Subject to the
monetary limit and any conditions prescribed by the regulations for the
purposes of this subsection, the Minister may write off relevant amounts.
(4) Subject to any
conditions prescribed by the regulations for the purposes of this subsection,
the Minister may, with the prior approval of the Governor, write off relevant
amounts that are greater than the monetary limit prescribed for the purposes
of subsection (3).
(5) Another written
law that applies to a statutory authority prevails to the extent of any
inconsistency with this section.