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TimeoutException in data Handle

The Message says:

Too much time spent in handle_data and/or scheduled functions. 50 second limit exceeded.

My question is now: handle_data is called every minute, so if I have two functions. e.g.

1) schedule_function(MY_Distribution_ESTIMATION, date_rules.every_day(), time_rules.market_open(minutes = 1))

2) schedule_function(MY_PF_Optimiser, date_rules.every_day(), time_rules.market_open(hours=1))

Both function are called at different times on each trading day, do they have each 50 sec. or is the time limit 50 sec per day in the Backtest?

Cheers Manuel