Section 15
Purposes of the Fund
of Academy of Sciences Malaysia Act 1994
The Fund shall be used for the following purposes:
(a)
to make disbursements for salaries, allowances, expenses and other administrative costs incurred for the purposes of this Act;
(b)
to provide awards, fellowships, scholarships and research grants;
(c)
to sponsor research projects undertaken by scientific organizations, institutions of higher learning and individuals;
(d)
to publish and purchase magazines, books and articles relating to science, engineering or technology;
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(e)
organization of seminars, expositions and other similar activities relating to science, engineering or technology;
(f)
to pay for the rental, or purchase of a site for and the construction, of any building for the Academy;
(g)
to pay for the rental or purchase of equipment and materials for the purposes of the Academy;
(h)
to repay any moneys borrowed by the Council under section 17; and
(i)
to pay any other expenses properly incurred by the Council in the execution of its functions under this Act.