Malaysia legislation
Section 23
of CO-OPERATIVE INSTITUTE (INCORPORATION) ACT 1968 (REVISED—2025)
Section 23
(a)
into which shall be paid all sums received by the Institute, whether by way of contributions, grants, fees, borrowing or otherwise;
(b)
from which shall be paid such outgoings as are directed by this Act to be paid out of the Fund; and
(c)
into which shall be paid sums received from the
Co-operative Societies Education Trust Fund.
(2)
Parliament may from time to time make grants to the
Institute.
Reserve Fund