Section 14
Section 10a of the principal Act is amended—
of Malaysian Industrial Development Authority (Incorporation) (Amendment) Act 2011
Amendment ActIn forceProvision 14 of 19
Section 14
(a)
in paragraph (c), by inserting after the word “grants” the words “, loans or any financial assistance”;
(b)
by inserting after paragraph (c) the following paragraph:
“(ca) giving financial assistance or credit facilities, with or without interest, or any contribution to any person for educational purposes, scholarships or any other purposes subject to the approval of the
Minister with the concurrence of the Minister of Finance;”; and
(c)
in paragraph (d), by substituting for the word “staff” the word “servants”.