Section 1
This Act may be cited as the Penang and Province Wellesley
Jubilee Fund Act 1965.
Interpretation
ActIn force
Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019)
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Enacted
- 1965
- Sections
- 42
- Languages
- EN · MS
Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) is Malaysia Act, cited as Act 821 1965, currently marked in force and first recorded in 1965.
Front matterCover and publication detailsOpenClose
Act 821
PENANG AND PROVINCE
WELLESLEY JUBILEE FUND
ACT 1965
(Revised—2019)
REVISED BY
Act 821
Revised up to
… … … … 1 December 2019
Date of publication in the
… … 27 December 2019
Gazette of this revised edition
Date appointed for coming into operation of this revised edition pursuant to paragraph 6(1)(xxiii)
of the Revision of Laws
Act 1968 [Act 1]
… … … … 27 December 2019
First enacted in 1965 as Act of Parliament No. 77 of 1965
Penang and Province Wellesley Jubilee Fund 3
Act 821
Opening note
Preamble
- An Act to make better provision for the Penang and Province Wellesley Silver Jubilee Fund. [30 September 1965] Short title
Section 2
In this Act, unless the context otherwise requires—
“Chief Minister” means the Chief Minister of Penang;
“Corporation” means the Corporation established by section 3;
“Fund” means the Penang and Province Wellesley Silver
Jubilee Fund and includes all subscriptions, donations, interest and dividends collected and received by the Corporation for the purposes of this Act;
“Trustees” means the Chief Minister, ex-officio, and three residents of the State of Penang appointed under section 3;
“Yang di-Pertua Negeri” means the Yang di-Pertua Negeri of
Penang.
Act 821
Section 3
Trustees of the Fund
(1)
The Chief Minister, ex-officio, and three residents of the
State of Penang appointed by the Yang di-Pertua Negeri shall be the Trustees of the Fund who shall be a Corporation.
(2)
The Corporation shall have the name of the “Trustees of the Penang and Province Wellesley Silver Jubilee Fund” and shall have perpetual succession and a common seal.
(b)
acquire, purchase, take, hold and enjoy moveable and immoveable property of every description;
(c)
sell, convey, assign, surrender, mortgage, lease or otherwise dispose of any moveable or immoveable property vested in the Corporation upon such terms as the Corporation thinks fit; and
(d)
collect and receive subscriptions, donations, interest and dividends.
Chairman and custody of the seal
Section 4
The Chief Minister shall be, ex-officio, the Chairman of the Corporation and shall have the custody of the seal of the
Corporation.
Penang and Province Wellesley Jubilee Fund 7
Section 5
Sealing documents
All deeds, documents or other instruments which are by law required to be sealed shall be sealed with the seal of the Corporation in the presence of the Chairman and one other Trustee, and shall also be signed by each of them; and the signing shall be taken as sufficient evidence of the due sealing of such deeds, documents and other instruments.
Section 6
General Committee
(1)
The Trustees shall appoint a General Committee consisting of twelve persons.
(2)
The Trustees may appoint members of the General
Committee either generally or for a specified period, and may, in their discretion, revoke the appointment of any member of the
Committee.
(3)
Upon any member of the General Committee ceasing to hold that appointment, the Trustees shall appoint a new member.
(4)
The General Committee shall have full power to manage the Fund and to spend the moneys of the Fund for the purposes set out in this Act, but shall be subject to the control of the
Trustees.
(5)
The General Committee shall not be incapable of acting by reason only of there being any vacancy in the membership of the Committee.
(6)
Every Trustee shall be eligible to be appointed as a member of the General Committee.
(7)
The Trustees shall appoint a Secretary and a Treasurer and such other officers as the Trustees consider desirable for the management of the Fund, and may in their discretion, at any time remove from his appointment any officer so appointed.
Act 821
Subcommittees
Section 7
(1)
The General Committee may appoint subcommittees consisting of members of the Committee with the addition of any other persons as the Committee may desire with the approval of the Trustees.
(2)
The General Committee may at any time, remove such other persons appointed under subsection (1) and appoint other persons in their place with the approval of the Trustees.
(3)
The General Committee may delegate any power as it thinks fit to the subcommittees.
Power of Trustees to make rules
Section 8
The Trustees may make rules providing for the duties and procedures of the General Committee and of the subcommittees.
Money to be banked
Section 9
All moneys belonging to, or collected or received by, the
Corporation, shall be deposited in the bank of the Corporation.
Section 10
Signing of cheques
(1)
All cheques drawn upon the bank account of the Corporation shall be signed by the Chairman of the General Committee and shall be countersigned by the Treasurer.
(2)
The bank may pay all cheques drawn against that account which are so signed and countersigned.
Investment
Section 11
(1)
The moneys of the Fund may be invested by the
Corporation in any security in which trustees are authorized by law to invest trust funds.
(2)
All investments shall be made in the name of the Corporation.
Penang and Province Wellesley Jubilee Fund 9
Accounts to be kept and audited
Section 12
The Treasurer shall keep the accounts of the Fund which shall be audited by the Auditor General.
Section 13
Treasurer to submit accounts and information to Trustees
The Treasurer shall submit to the Trustees an annual statement of accounts audited under section 12 and shall furnish the Trustees with such information as the Trustees may require.
Section 14
Meeting of Trustees
(1)
Meetings of the Trustees shall be held at such places and times as the Chief Minister thinks fit.
(3)
In the event of an equality of votes, the Chief Minister shall have a second or casting vote.
Act 821
Act 821
(Revised—2019)
Particulars under paragraphs 7(ii) and (iii) of the
Revision of Laws Act 1968 [Act 1]
LIST OF AMENDMENTS
Amending law
Short title
In force from-NIL-LIST OF LAWS OR PARTS THEREOF SUPERSEDED
No.
Title
Act No. 77 of 1965
Penang and Province Wellesley Jubilee Funds Act, 1965
Penang and Province Wellesley Jubilee Fund 11
Act 821
(Revised—2019)
LIST OF SECTIONS AMENDED
Section
Amending authority
In force from-NIL-Laws of Malaysia 12
Act 821
Act 821
(Revised—2019)
LIST OF AMENDMENTS MADE BY THE COMMISSIONER OF LAW
REVISION UNDER SECTION 6 OF THE REVISION OF
LAWS ACT 1968 [ACT 1]
Provision
Particulars of amendments
Authority for amendment
Table of contents
Altered paragraph 6(1)(vii)
Throughout the
Act
Section 1
Words “Yang di-Pertua Negeri”
substituted for “Governor”
paragraph 6(1)(xvii)
Section 2
Word “subcommittees”
s u b s t i t u t e d f o r “ s u b -
committees”
paragraph 6(1)(xv)
Section 3
Shoulder note substituted for marginal note paragraph 6(1)(xxiv)
Section 4
Full stop at the end of shoulder notes omitted paragraph 6(1)(xvi)
Effective date
Words “30 September 1965”
substituted for “30th September,
Section 1965
”
paragraph 6(1)(iii)
Enacting clause
Omitted subparagraph 6(1)(i)(f)
section 1
Comma before the word “1965”
omitted paragraph 6(1)(xvi)
section 2
Section 1
In the interpretation of
“Fund”—
a. comma substituted for the word “and”
paragraph 6(1)(xvi)
b. Words “collected and”
inserted after the word
“dividends”
paragraph 6(1)(iii)
Penang and Province Wellesley Jubilee Fund 13
Provision
Particulars of amendments
Authority for amendment
Section 2
Interpretation of “Trustees”
inserted after the interpretation of “Fund”
paragraph 6(1)(xxiv)
Section 3
In the interpretation of
“Governor”, words “Yang di-Pertua Negeri” substituted for “Governor”
paragraph 6(1)(xvii)
section 3
In the shoulder note, words
“Trustees of the Fund” substituted for “Trustees of the Penang and Province Wellesley Silver
Jubilee Fund”
paragraph 6(1)(xxi)
paragraph 3(1)(a)
Rearranged and renumbered as subsection 3(1) with consequential alterations made paragraphs 6(1)(xii),
(xiii)
, (xxi) and (xxiv)
paragraphs 3(1)(b) and (c)
Rearranged and renumbered as subsection 3(2) with consequential alterations made paragraphs 6(1)(xii),
(xiii)
, (xxi) and (xxiv)
subsection 3(2)
R e a r r a n g e d , d i v i d e d a n d renumbered as subsection 3(3)
and paragraphs 3(5)(a) to (d) with consequential alterations made paragraphs 6(1)(xii),
(xiii)
and (xxiv)
subsection 3(3)
R e a r r a n g e d , d i v i d e d a n d renumbered as paragraphs 3(4)(a)
and (b) with consequential alterations made paragraphs 6(1)(xii),
Section 1
In the shoulder note, word
“custody” substituted for
“keeper”
paragraph 6(1)(iii)
Section 2
Word “the” inserted before the word “Chairman”
paragraph 6(1)(xv)
section 5
Words “the signing” substituted for “such signing”
paragraph 6(1)(xxi)
subsections 6(2)
to 6(6)
Word “General” inserted before the word “Committee” wherever it appears, except in the last line of subsections (2) and (5)
paragraph 6(1)(iii)
subsection 6(2)
Word “revoke” substituted for
“cancel”
paragraph 6(1)(iii)
Act 821
Provision
Particulars of amendments
Authority for amendment subsection 6(7)
Words “as the Trustees consider”
substituted for “as they may consider”
paragraphs 6(1)(iii)
and (xxi)
subsection 6(8)
Section 1
Rearranged, divided and renumbered as subsections 7(1) to (3) with consequential alterations made paragraphs 6(1)(xii),
Section 2
S h o u l d e r n o t e
“Subcommittees” inserted before new section 7
paragraph 6(1)(xxiv)
subsection 6(9)
Section 1
Renumbered as section 8
paragraph 6(1)(xii)
Section 2
Shoulder note “Power of
Trustees to make rules”
inserted before new section 8
paragraph 6(1)(xxiv)
section 7
Section 1
Renumbered as section 9
paragraph 6(1)(xii)
Section 2
Words “received from subscribers, and all other moneys” after the words “All moneys” omitted paragraph 6(1)(xxi)
section 8
Renumbered as section 10
paragraph 6(1)(xii)
section 9
Section 1
Renumbered as section 11
paragraph 6(1)(xii)
Section 2
Words “The moneys of”
substituted for “Moneys belonging to”
paragraph 6(1)(xxi)
section 10
Section 1
Renumbered as section 12
paragraph 6(1)(xii)
Section 2
Comma after the word “Fund”
omitted paragraph 6(1)(xvi)
Section 3
Words “Auditor General”
substituted for “Auditor-General”
paragraph 6(1)(xv)
section 11
Section 1
Renumbered as section 13
paragraph 6(1)(xii)
Section 2
Word “under” substituted for
“as provided in”
paragraph 6(1)(xxi)
Section 3
Words “section 12” substituted for “section 10”
paragraph 6(1)(xix)
Section 4
Comma before the words “and shall” omitted paragraph 6(1)(xvi)
Penang and Province Wellesley Jubilee Fund 15
Provision
Particulars of amendments
Authority for amendment
Section 5
Words “from time to time”
omitted paragraph 6(1)(xxi)
section 12
Section 1
Renumbered as section 14
paragraph 6(1)(xii)
Section 2
Word “thinks” substituted for
“may consider”
paragraphs 6(1)(iii)
and (xxi)
section 13
Omitted subparagraph 6(1)(i)(a)
KUALA LUMPUR
WJW014498 10-12-2019
Common questions
- What is Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019)?
- Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) is Malaysia Act, cited as Act 821 1965, currently marked in force and first recorded in 1965.
- Is Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) still in force?
- Yes — Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) is currently in force.
- When did Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) take effect?
- Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) was first recorded in 1965.
- How many sections does Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) have?
- Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) contains 42 sections.
- Where can I read the official version of Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019)?
- The official text of Penang and Province Wellesley Jubilee Fund Act 1965 (Revised - 2019) is published at lom.agc.gov.my.
Something wrong on this page?
If one provision's text doesn't match the official source, use Suggest a fix beside that provision — it opens an editor next to the source document. For anything else — a missing amendment, a broken link, out-of-date content, or a removal request — report it here.