Malaysia legislation

Section 6

of CO-OPERATIVE INSTITUTE (INCORPORATION) ACT 1968 (REVISED—2025)

Section 6

The Institute shall, subject to the provisions of this Act, have the powers to—

(a)

confer diplomas, certificates and equivalent qualifications upon persons who have followed courses of study conducted by the Institute and have satisfied such other requirements as may be determined by the Board or as may be prescribed;

Co-operative Institute (Incorporation)

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(b)

institute and award scholarships, bursaries, medals, prizes and other forms of distinctions, awards or assistance in respect of the training, education and knowledge based services provided by the Institute;

(c)

grant loans or financial assistance to deserving students on such terms and conditions as may be approved by the Board;

(d)

market or commercialize the services, research findings and products of the Institute;

(e)

demand and receive such fees as may from time to time be determined by the Board or as may be prescribed;

(f)

do any thing, whether or not incidental to the powers referred to in paragraphs (a), (b), (c), (d) and (e), which may be done for the enhancement of education, training, finance, administration, welfare and discipline in the

Institute; and

(g)

establish or promote the establishment of companies under the Companies Act 2016 [Act 777] to carry on or engage in any activity which has been planned or undertaken by the Institute with the approval of the Minister of

Finance.

Section 6 — AKTA INSTITUT KOPERASI (PEMERBADANAN) 1968 (DISEMAK—2025)