Malaysia legislation

Section 35

of INTELLECTUAL PROPERTY CORPORATION OF MALAYSIA ACT 2002

Section 35

The Fund of the Corporation may, in so far as it is not required to be expended by the Corporation under this Act, be invested in such manner as the Corporation deems fit after consultation with the Minister.

Power to establish companies 35a. The Corporation may, with the approval of the Minister and

Minister of Finance, establish companies under the Companies

Act 2016 to carry out and have the charge of, to conduct and to manage any activity, project and initiative which have been planned or undertaken by the Corporation in the performance of its functions under paragraphs 17(e), (f) and (i).