Malaysia legislation
Section 15
Section 15
(2)
The Fund shall consist of—
(a)
deposits received under section 16;
(b)
all grants, donations, gifts, contributions, and bequests made to or in favour of the Lembaga;
(c)
such sums as may be paid from time to time to the
Lembaga from any financing or financial assistance made by the Lembaga and all sums from time to time falling due to the Lembaga in respect of the repayment of any financing or financial assistance made from the Fund;
(d)
moneys earned by the operation of any project, agency, scheme or enterprise financed from the Fund;
(e)
such fees and other moneys as may be prescribed;
(f)
any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Lembaga and moneys earned or arising therefrom;
Tabung Haji 19
(g)
all income from the investment of the Reserve Fund;
(h)
all sums borrowed by the Lembaga; and
(i)
all other sums or property which may in any manner become payable to or vested in the Lembaga in respect of any matter incidental to its functions, powers or duties.
(3)
The Fund may be expended for all or any of the following purposes:
(a)
withdrawals of deposits with or without such distributable profits as may be determined by the Lembaga thereon in accordance with this Act;
(b)
repayments on borrowings and such other outgoings and expenditure as may be permitted by this Act or any regulation made under this Act;
(c)
administrative expenses including remuneration and termination benefits;
(d)
other expenses incidental to the management of the Fund and the functions of the Lembaga including any moneys required to satisfy any judgment, decision or award by any court or tribunal against the Lembaga, any member of the
Lembaga or any committee, or any officer, servant or agent of the Lembaga in respect of any act, neglect or default done or committed by him in carrying out the functions of the Lembaga; and
(e)
the granting of loans and making of advances to officers and servants of the Lembaga where permitted by this Act or regulations made under this Act.
Deposits