Malaysia legislation

Section 13

of RUBBER INDUSTRY SMALLHOLDERS DEVELOPMENT AUTHORITY ACT 1972

Section 13

(2)

The Fund shall be controlled, maintained and operated by the Authority.

(3)

The Fund shall consist of—

(a)

such sums as may be provided for the purposes of this

Act by the Federal or any State Government;

(b)

moneys earned by the operation of any project, Scheme or enterprise financed from the Fund;

(c)

moneys earned or arising from any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Authority;

Rubber Industry Smallholders

Development Authority 23

(d)

any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Authority;

(e)

sums borrowed by the Authority for the purposes of meeting any of its obligations or discharging any of its duties;

(f)

moneys earned from consultancy or advisory services or any other service provided by the Authority;

(g)

moneys collected or paid under section 16;

(h)

moneys collected or paid under section 30;

(i)

moneys collected or paid under section 50;

(j)

moneys collected by the Authority under the regulations made under this Act and specified therein as sums payable into the Fund;

(k)

moneys distributed as dividends from the companies or corporations established under this Act;

(l)

donations and contributions received from within or outside Malaysia and includes moneys received from any government or organization outside Malaysia; and

(m)

all other sums or property which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its functions and powers.

Expenditure to be charged on Fund