Malaysia legislation
Section 6
Section 6
Subject to and for the purposes of this Act, the powers of the
(a)
to carry on all activities, particularly activities which are commercial or industrial in nature, activities relating to trade, investment, logistics, tourism, infrastructure and activities of research and training, the carrying on whereof appears to it to be requisite, advantageous or convenient for or in connection with the performance of its functions;
(b)
to initiate and carry out studies of possible development and redevelopment areas and to propose plans outlining development or redevelopment activities and surveys to determine if the undertaking and carrying out of development or redevelopment projects are feasible;
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(c)
to require—
(i)
all relevant Government Entities to give such assistance and submit such information in their possession as may be required by the Authority in order for the Authority to carry out the functions mentioned in paragraph 5(c); and
(ii)
all Government Entities, companies and corporations, and other bodies and persons, whether local or foreign, engaged in carrying out or intending to carry out development in the Iskandar Development
Region to submit reports, containing such particulars and information as may be specified by the
Authority, regarding their activities or proposed activities;
(d)
to co-ordinate development, including the development of property, infrastructure and public amenities in the
Iskandar Development Region;
(e)
to make recommendations to the State Authority of Johore and local authorities within the Iskandar Development
Region in relation to local government functions and services including local planning control and the regulation, approval or control of all buildings and building operations, the repair and removal of ruinous and dangerous buildings, and the prohibition, closure and demolition of a building of a particular class, design or appearance in the Iskandar Development Region;
(f)
to co-operate with or act as authorized agent of, or otherwise act in association with or on behalf of, any
Government Entity, any company or corporation, or any body or person, whether local or foreign;
(g)
to directly or indirectly approach any investor or potential investor, whether local or foreign, in order to promote investment in the Iskandar Development Region;
(h)
to promote and co-ordinate the carrying on of the activities mentioned in paragraphs (a) and (b) by any Government
Entity or person, whether local or foreign;
(i)
to establish or expand, or promote the establishment or expansion of, companies or other bodies to carry on any of the activities mentioned in paragraphs (a) and
(b)
either under the control or partial control of the
Authority or independently;
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(j)
to underwrite or otherwise acquire and hold any securities and to dispose of the securities on such terms and conditions as the Authority may determine;
(k)
subject to and in accordance with any written law, to establish, manage and operate any investment fund, whether relating to property, stock, shares or otherwise, and to dissolve the investment fund on such terms and conditions as the Authority may determine;
(l)
to apply for and accept the alienation or transfer of land within the Iskandar Development Region for development;
(m)
to dispose of capital assets and to use the proceeds from such disposal;
(n)
to appoint such agents as it may deem fit for the purpose of performing its functions;
(o)
to impose fees, costs, levies, contributions or any other charges as it deems fit for giving effect to any of its functions or powers; and
(p)
to do all things expedient or necessary for or incidental to the performance of its functions under this Act.
Additional functions of the Authority