Malaysia legislation

Section 2

of MALAYSIAN INDUSTRIAL DEVELOPMENT AUTHORITY (INCORPORATION) ACT 1965

Section 2

In this Act, unless the context otherwise requires—

“Authority” means the Malaysian Investment Development

Authority established under subsection 3(1);

*NOTE–The Malaysian Investment Development Authority (Incorporation) Act 1965 was previously known as the Malaysian Industrial Development Authority (Incorporation) Act 1965 [Act 397] –

see section 19 of the Malaysian Industrial Development Authority (Incorporation) (Amendment)

Act 2011 [Act A1399] w.e.f 19-08-2011.

6

Act 397

“Board” means the Board established under section 3a;

“Chief Executive Officer” means the Chief Executive Officer of the

Authority appointed under section 3d;

“Fund” means the Malaysian Investment Development Authority

Fund established under section 10;

(a)

the Federal Government, or any State Government, State

Authority or local government; and

(b)

any ministry, department, office, agency, authority, commission, committee, board, council or other body, corporate or unincorporate, of the Federal Government, or of any State Government, whether established under written law or otherwise;

“member” means a member of the Board;

“Minister” means the Minister charged with the responsibility for international trade and industry.

Establishment of the Authority