Malaysia legislation
Section 7
Section 7
(2)
Without prejudice to the generality of subsection (1), the powers of the Board shall include the power—
(a)
to utilize all properties of the Board in such manner as the Board may think expedient including raising of moneys for the purposes of the Fund by securitizing or mortgaging the properties;
Public Sector Home Financing Board 13
(b)
to co-operate with the Federal Government, any State
Government, local authority, statutory authority or body corporate for the purposes of performing the functions of the Board;
(c)
subject to subsection (3), to impose fees or charges for services rendered by the Board;
(d)
to require the furnishing of information by any person to assist the Board in the performance of its functions;
(e)
to appoint such agents, advisors including experts, advocates and solicitors, bankers and consultants, and other persons as the Board deems fit to assist it in the performance of its functions; and
(f)
to grant loans, scholarships and advances to employees of the Board.
(3)
The Minister may, by order published in the Gazette, prescribe the fees and charges to be imposed by the Board.
Membership of the Board