National Kenaf and Tobacco Board Act 2009 · Updated to 1 Oct 2018 · Part IV · Finance
22. The Fund
Feedback & supportFor the purposes of this Act a fund to be known as the
“National Kenaf and Tobacco Board Fund” is established.
kenaf
“kenaf” means Hibiscus cannabinus from the plant species of the Hibiscus or any part thereof, and includes hybrids of this species, hybrids resulting from crossing this species or hybrids with any other species or hybrids of plants and genetically engineered versions of this species or hybrids;
The Fund shall be controlled, maintained and operated by the Board.
Fund
“Fund” means the National Kenaf and Tobacco Board Fund established under section 22;
The Fund shall consist of—
such sums as may be provided by Parliament for the purposes of this Act from time to time;
moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
moneys earned or arising from any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Board;
any property, investment, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Board;
sums borrowed by the Board for the purposes of meeting any of its obligations or discharging any of its duties;
moneys earned from consultancy and advisory services and any other services rendered by the Board;
moneys collected or paid under section 84;
moneys collected by the Board under the regulations made under this Act and specified therein as sums payable into the Fund;
donations and contributions received from any organization within or outside Malaysia;
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all other sums or property which may in any manner become payable to or vested in the Board in respect of any matter incidental to its functions and powers; and
all other moneys lawfully received by the Board.