Section 13
Expenses to be charged on the Fund
of Highway Authority Malaysia (Incorporation) Act 1980
ActIn forceProvision 14 of 40
Section 13
The Fund shall be expended for the purpose of—
(a)
defraying such expenditure as the Authority may properly incur in carrying out its functions and exercising its powers;
(b)
repaying any moneys borrowed by the Authority under section 16 and the interest due thereon;
(c)
lending to employees of the Authority for the purpose of purchasing or building dwelling houses or purchasing conveyances on such terms and conditions as may be prescribed; and
(d)
generally, paying any expenses for carrying into effect the provisions of this Act.