Section 30
Power to establish companies
of Forest Research Institute Malaysia Act 2016
ActIn forceProvision 30 of 56
Section 30
The Institute may, with the approval of the Minister and the Minister of Finance, establish or expand or promote the establishment or expansion of companies under the
Companies Act 1965 [Act 125]—
(a)
to perform any of its functions or exercise any of its powers; or
Forest Research Institute Malaysia 25
(b)
to carry out and have the charge, conduct and management of any programme, scheme, project or activity which has been planned or undertaken by the Institute in the performance of its functions or exercise of its powers.