Section 4 — LEMBAGA KEMAJUAN TERENGGANU TENGAH ACT 1973

(a)

to promote, stimulate, facilitate and undertake economic and social development in the Kawasan Trengganu Tengah;

(b)

to promote, stimulate, facilitate and undertake residential, agricultural, industrial and commercial development in the Kawasan Trengganu Tengah; and

(c)

to control and co-ordinate the performance of the aforesaid activities in the Kawasan Trengganu Tengah.

(2)

The Lembaga shall have power to do all things expedient or reasonably necessary or incidental to the discharge of its functions, and in particular, but without prejudice to the generality of the foregoing—

(a)

to carry on all activities particularly of commercial and industrial enterprises, the carrying on whereof appears to it to be requisite, advantageous or convenient for or in connection with the discharge of its said function, including the manufacturing, assembling, processing, packing, grading and marketing of products, research and training;

(b)

to initiate preliminary studies of possible development and redevelopment areas and make preliminary plans outlining development or redevelopment activities and preliminary surveys to determine if the undertaking and carrying out of development or redevelopment projects are feasible;

(c)

to co-operate with or act as agent or managing agent of or otherwise act in association with or on behalf of the Government of the Federation or of the State, any public authority, any company, any corporation, any body or any person;

(d)

to promote and co-ordinate the carrying on of such activities by the Government of the Federation or of the State, public authorities, any company, corporation, or other body or person;

(e)

to establish or expand, or promote the establishment or expansion of companies, corporation or other bodies to carry on any such activities either under the control or partial control of the Lembaga or independently;

(f)

to give assistance to any public authority, company corporation or other body or person appearing to the Lembaga to have facilities for the carrying on of any such activities, including financial assistance by the taking up of share or loan capital or by loan or otherwise;

(g)

to purchase, underwrite or otherwise acquire any stock and shares in any public or private company, and to dispose of the same on such terms and conditions as the Lembaga may determine;

(h)

to require departments, and governmental and nongovernmental agencies engaged in carrying out or intending to carry out development in the Kawasan Trengganu Tengah to submit report regarding their activities or proposed activities containing such particulars and information as may be specified by the Lembaga;

(i)

to appoint agents or establish such other bodies as it may deem fit for the purposes of carrying out its functions;

(j)

to impose fees or any other charges it deems fit for giving effect to any of its powers or functions;

(k)

to receive, in consideration of the services rendered by it, such commission or payment as may be agreed upon;

(l)

to regulate development in the Kawasan Trengganu Tengah; and

(m)

to do such other things as it deems fit for the effective carrying out of its functions and powers.

(3)

Subject to section 8, it shall be the responsibility of the Lembaga in discharging its functions under this Act to ensure that the functions shall be performed in such manner as shall be in furtherance of the policy of the Government for the time being in force and in particular the policy relating to the restructuring of society.