Malaysia legislation

Section 18

of SMALL AND MEDIUM ENTERPRISES CORPORATION MALAYSIA ACT 1995

Section 18

(2)

There shall be paid into the Fund—

(a)

the launching grant of the Fund provided by the Government;

(b)

such sums as may be provided from time to time by the

Government;

(c)

such sums borrowed by the Corporation under section 14;

(d)

such sums as may be allocated from time to time to the

Corporation from loan funds;

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Act 539

(e)

all moneys earned by the Corporation for services provided or operation of any projects, schemes or enterprises;

(f)

all donations and contributions received from within or outside Malaysia;

(g)

all moneys earned or arising from any property, investment, mortgages, charges or debentures acquired by or vested in the Corporation; and

(h)

all other moneys belonging to or which in any manner become payable to the Corporation in respect of any matter incidental to its functions and powers.

(3)

In this section and section 20, the expression “loan funds”

means such sums as may be made available from time to time to the Government by way of loan.

Expenses to be charged on the Fund