Malaysia legislation

Section 24

of CHENG HOON TENG TEMPLE (INCORPORATION) ACT 1949

Section 24

(2)

All moneys and movable property held by any person on behalf of the Cheng Hoon Teng Temple or any other temple deity or funds under its management or control and all moneys subscribed for the purposes of the Corporation and all properties movable purchased or agreed to be purchased with such moneys shall be vested in the Corporation and the same all subscriptions and donations to the Corporation shall be held by the Corporation in trust for the purposes in this Act declared.

2 0

Investment of Corporation funds

Section 24 — CHENG HOON TENG TEMPLE (INCORPORATION) ACT 1949