Malaysia legislation
Section 17
Section 17
(2)
The Fund shall consist of—
(a)
such sums as may be provided from time to time by
Parliament;
(b)
any fees or charges payable under this Act;
(c)
any property, investments, mortgages, charges or debentures acquired by or vested in the Council;
(d)
money earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Council; and
Malaysian Examinations Council 21
(e)
all other moneys or property which may in any manner become payable to or vested in the Council in respect of any matter incidental to its powers and duties.
(3)
The Fund shall be expended for the purpose of paying all expenses properly incurred by the Council in the execution of its functions under this Act.
(4)
The Council may invest in securities of the Government of
Malaysia or such other securities as may be approved in writing by the Minister of Finance such moneys of the Fund as are not immediately required to be expended under this Act.
Estimates of income and expenditure