Malaysia legislation
Section 26
Section 26
(2)
The Fund shall consist of—
(a)
sums as may be provided from time to time by
Parliament;
(b)
moneys borrowed by the Board under section 32;
(c)
sums of public sector home financing facility as may be repaid from time to time to the Board and sums from time to time falling due to the Board in respect of the repayment of any public sector home financing facility;
(d)
sums representing the settlement of the principal of any public sector home financing facility and interest or profit due thereon, as the case may be, unless the
Board authorizes the settlement of any such sums to any person pursuant to any arrangement entered into with such person under which any public sector home financing facility, or any right or interest derived or arising from the grant of any public sector home financing facility, is sold, disposed of or transferred to such person;
(e)
moneys received from the sale or realization of any public sector home financing facility or any right or interest derived or arising from the grant of any public sector home financing facility, or from or pursuant to any arrangement entered into with any person under
Act 767
which any public sector home financing facility, or any right or interest derived or arising from the grant of a public sector home financing facility, is sold, disposed of or transferred to such person;
(f)
fees and charges imposed by or payable to the
Board;
(g)
moneys derived as income from the investment by the
Board under section 33;
(h)
moneys derived from the sale, disposal, lease or hire of, or any other dealings with, any property, right, interest, obligation and liability transferred to, vested in or acquired by the Board;
(i)
other moneys and properties which may, in any manner, become payable to or vested in the Board in respect of the performance of its functions and exercise of its powers;
(j)
any cost paid to or recovered by the Board in any settlement of action or proceedings, civil or criminal;
and
(k)
moneys and properties lawfully received by the
Board.
Expenditure to be charged on the Fund