Malaysia legislation
Section 24
of CO-OPERATIVE INSTITUTE (INCORPORATION) ACT 1968 (REVISED—2025)
Section 24
Fund (hereinafter referred to as the “Fund”) is established—
(2)
Subject to subsection (3), the payment into and out of the
Reserve Fund shall be determined by the Board.
Laws of Malaysia 20 20
Act 865
(3)
The Reserve Fund shall not be applied otherwise than for the purposes of the Institute.
Contributory Provident Fund