Malaysia legislation

Section 25

of *MALAYSIAN AVIATION COMMISSION ACT 2015

Section 25

(2)

The Fund shall consist of—

(a)

such sums as may be provided by the Parliament for the purposes of this Act from time to time;

(b)

all or any part of fees, costs, financial penalties and other charges imposed by or payable to the Commission under this Act and its subsidiary legislation;

(c)

all moneys derived as income from capital-guaranteed investments by the Commission;

(d)

all moneys derived from the sale, disposal, lease or hire, or any other dealing with, any property, mortgages,

Malaysian Aviation Commission 33

charges or debentures vested in or acquired by the

Commission;

(e)

sums borrowed by the Commission under section 30;

(f)

such sums as may be paid to the Commission from time to time for loans made by the Commission; and

(g)

all other moneys lawfully received by the Commission, other than for the purposes of funding public service obligations.

(3)

The moneys referred to in paragraph (2)(a) which are in excess of the financial requirements of the Commission for the performance of its functions may be paid into the Federal Consolidated Fund.

Expenditure to be charged on the Fund

Section 25 — MALAYSIAN AVIATION COMMISSION ACT 2015