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(1) The National House of Chiefs and each Regional House of Chiefs shall in each year and by such date as the Minister may direct, submit to the Minister for the approval of the Government estimates of revenue and expenditure in respect of the succeeding year.

(2) The estimates when approved by the Government shall be submitted to the National Assembly.

(3) All expenses incurred by the National House of Chiefs or a Regional House of Chiefs in respect of the exercise of its judicial functions are hereby charged on the Consolidated Fund.