Malaysia legislation

Section 7

of MALAYSIAN INDUSTRIAL DEVELOPMENT AUTHORITY (INCORPORATION) (AMENDMENT) ACT 2011

Section 7

Amendment of section 3d

(a)

in the shoulder note, by substituting for the words “Director

General” the words “Chief Executive Officer”;

(b)

in subsection (1), by substituting for the words “, upon such terms as the Minister may determine, an executive officer who shall be the Director General of the Authority”

the words “a Chief Executive Officer upon such terms and conditions as the Minister may determine”;

(c)

in subsection (2)—

(i)

by substituting for the words “Director General”

the words “Chief Executive Officer”;

(ii)

by deleting the word “and” at the end of paragraph (d); and

(iii)

by inserting after paragraph (d) the following paragraph:

“(da) the management of the annual budget of the Authority and making a decision on the allocation for all activities including development and operational; and”;

and

(d)

in subsection (3), by substituting for the words “Director

General” the words “Chief Executive Officer”.

Substitution of section 6

Section 7 — AKTA LEMBAGA KEMAJUAN PERINDUSTRIAN MALAYSIA (PEMERBADANAN) (PINDAAN) 2011