Malaysia legislation
Section 8
Section 8
(2)
Subject to the provisions of this Act, the balance of the
Fund after defraying the expenses referred to in subsection (1)
shall be utilized for the following purposes:
(a)
to provide or award such number of studentships, scholarships, study grants or study loans, or any other award or financial assistance as the Board may determine from time to time to be provided or awarded to any person referred to in subsection (3) to enable the person to pursue such course or courses of education as the
Board may think proper; and
8
(b)
to provide grants, loans or any other form of financial assistance to any school or other educational institution for purposes of education upon such terms and conditions as the Board may determine from time to time.
(3)
Paragraph (2)(a) shall apply to any citizen of Malaysia who by virtue of his circumstances or other reasons require in the opinion of the Board to be provided with or assisted by a studentship, scholarship, study grant or study loan or any other award or financial assistance under this Act.
Terms of study award