Malaysia legislation
Section 19
Section 19
(2)
The Fund shall consist of—
(a)
such sums as may be provided from time to time for the purposes of this Act by Parliament;
Financial Reporting 17
(b)
such contributions as may be made by any person including industry groups and corporations;
(c)
such fees or other charges as may be paid to the
Foundation or the Board; and
(d)
all other sums or property which may in any manner become payable to the Foundation or the Board or vested in the Foundation in respect of any matter incidental to its functions and powers.
(3)
The Foundation may delegate its function under subsection (1)
to—
(a)
any committee set up by the Foundation;
(b)
the Board; or
(c)
any officer of the Board.
(4)
Any delegation under subsection (3) shall not prevent the concurrent performance by the Foundation of the Foundation’s function so delegated.
Expenditure charged on the Fund