Section 24

paying any expenditure lawfully incurred by the Institute, including—

the allowances and other expenses of the members of the Institute or any of its committees;

Act 782

paying any other expenses, costs and expenditure in relation to the procurement of goods and services, including the engagement of consultants, legal fees and costs, and other fees and costs;

financing research and development activities;

providing funds to any body or organization which the

Institute thinks expedient to commission research and development activities, development projects or publicity activities;

contributing to any body or organization within or outside

Malaysia which promotes research and development in forest development and forest-based industries;

financing such scholarships for higher learning, research assistantship, scientist grants, fellowships, medals, prizes and other forms of distinctions, awards or assistance for serving as well as prospective officers and servants of the Institute;

paying any other expenses, costs or expenditure properly incurred or accepted by the Institute in the performance of its functions or the exercise of its powers under this

Act;

meeting the expenses incurred by the Institute in setting up branches or research centres of the Institute;

Forest Research Institute Malaysia 23

purchasing or hiring equipment, machinery and any other materials, acquiring land and erecting buildings, and carrying out any other works or undertakings in the performance of its functions or the exercise of its powers under this Act;

granting loans or providing capital for companies established under section 30;

repaying any moneys borrowed under section 33 and the interest due on such moneys; and

generally, paying any expenses for carrying into effect the provisions of this Act.

Conservation of the Fund