Malaysia legislation
Section 5
Section 5
Functions of the Authority
The functions of the Authority shall be—
(a)
to establish national policies, direction and strategies in relation to development within the Iskandar Development
Region and other functions in connection therewith as provided in Part IV;
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(b)
to co-ordinate the performance of the activities carried out by Government Entities in the Iskandar Development
Region as provided in Part V including—
(i)
to act as a principal co-ordinating agent or authorized agent in relation to applications for Approvals in respect of which the Authority has entered into an agreement or arrangement under section 31;
(ii)
to recommend uniform standards, guidelines, best practices and administrative processes and procedures to be used by Government Entities for the Iskandar Development Region; and
(iii)
to monitor the implementation of uniform standards, guidelines, best practices and administrative processes and procedures in facilitating the development of the Iskandar Development
Region;
(c)
to conduct inquiries, carry out surveys, collate, analyse and publish information, statistics and factors influencing or relevant to development, business or investment and to disseminate such information, statistics and factors to investors or potential investors, whether local or foreign, in the Iskandar Development Region and to the relevant
Government Entities;
(d)
to recommend to the relevant Government Entities policies, laws and actions to be applied to the Iskandar Development
Region to enhance the international competitiveness of industry and commerce in the Iskandar Development
Region;
(e)
to recommend to the relevant Government Entities incentives in relation to taxes, customs and excise duties and other fiscal incentives applicable to investors in the Iskandar
Development Region;
(f)
to promote and stimulate the Iskandar Development
Region as a trade, investment and logistics centre, duty free area and tourist destination;
(g)
to promote, stimulate, facilitate and undertake in the
Iskandar Development Region—
(i)
economic and social development;
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(ii)
the development of tourism and infrastructure as well as residential, agricultural, industrial and commercial development;
(iii)
the development of art, culture, sport and recreational activities;
(iv)
public education including the development of educational facilities; and
(v)
public health including the development of health and medical facilities;
(h)
to promote private sector investment in the development mentioned in paragraph (g);
(i)
to plan, phase and co-ordinate the performance of the activities mentioned in paragraphs (f) and (g) and such other activities within the Iskandar Development Region which are deemed by the Authority to be of strategic national importance or in the national interest; and
(j)
to carry out any other function conferred by or under this Act and to perform any other functions that are supplemental, incidental, or consequential to any of the functions specified in this section.
Powers of the Authority