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Section 14

Reserve fund

of Highway Authority Malaysia (Incorporation) Act 1980

ActIn forceProvision 15 of 40
Section 14
(1)

The Authority shall establish and manage a reserve fund.

(2)

The payment into and out of the reserve fund shall be determined by the Authority:

18 Laws of Malaysia ACT 231

Provided that no part of the reserve fund shall be applied otherwise than for the purposes of the Authority.