Malaysia legislation

Section 22

of FARMERS' ORGANIZATION AUTHORITY ACT 1973

Section 22

Expenses to be charged on the Fund

The Fund shall be expended for the purpose of—

(a)

paying all expenses incurred under section 27;

(b)

granting loans under section 29;

(c)

paying any expenses lawfully incurred by the Authority, including survey, legal and other fees and costs, and the remuneration of officers and servants appointed and employed by the Authority, including superannuation allowances, pensions or gratuities;

(d)

paying any other expenses, cost or expenditure properly incurred or accepted by the Authority in the execution of its duty or in the discharge of its functions under section 4;

(e)

purchasing or hiring plant, equipment, machinery, stores and any other materials and acquiring land and erecting buildings and carrying out any other works and undertakings in the execution of its duty or in the discharge of its functions under section 4;

(f)

repaying any moneys borrowed under this Act and the interest due thereon; and

(g)

generally, paying any expenses for carrying into effect the provisions of this Act.

Expenditure and preparation of Estimates