Malaysia legislation

Section 8

of TIN INDUSTRY (RESEARCH AND DEVELOPMENT) FUND ACT 1953

Section 8

(2)

Every order made under subsection (1) shall be laid on the table of the Dewan Rakyat as soon as practicable after the publication of the said order in the Gazette.

(3)

All moneys collected under an order made under subsection

(1)

shall be paid into the Fund within thirty days from the end of the month to which such collection relates.

(4)

On the coming into force of this Act any customs duty or duties imposed on tin exported from Malaysia under the Customs

Act 1967, or under or by virtue of any written law repealed by the said Act which may be declared by the Minister to have been imposed with the same objects as this Act, shall be deemed to be and continue in force as if it or they were a cess or cesses imposed by an order under subsection (1). Where a declaration has been made by the Minister in respect of any customs duty or duties

10

under this subsection, any moneys certified by the Minister of

Finance to have been collected, whether before, on or after the coming into force of this Act, in respect of such duty or duties shall, after deducting all sums already expended by the Government of Malaysia in respect of tin research and publicity, but excluding contributions by the Government to the International Tin Research

Institute approved by the Dewan Rakyat, be paid into the Fund in the manner provided in subsection (3) or, if the period therein specified for such payment has already elapsed, shall be so paid forthwith.

Vesting of Fund in the Board

Section 8 — TIN INDUSTRY (RESEARCH AND DEVELOPMENT) FUND ACT 1953