Malaysia legislation
Section 23
Section 23
The Fund shall be expended for the purposes of—
(a)
paying any expenditure lawfully incurred by the Board;
(b)
paying for the remuneration, allowances and other expenses of the Chairman, members of the Board, the
Director General, members of the committees, officers and servants appointed and employed by the Board, including retirement benefits, pensions and gratuities;
(c)
paying any expenses, costs or expenditure in relation to the management and control of the Gallery lawfully incurred or accepted by the Board;
(d)
paying any other expenses, costs or expenditure lawfully incurred or accepted by the Board in the performance of its functions or the exercise of its powers under this Act;
(e)
repaying any moneys borrowed under paragraph 22(2)(f)
and the interest due on the borrowed moneys;
(f)
granting loans and advances to officers and servants of the Board under section 20; and
22 Laws of Malaysia ACT 724
(g)
generally, paying any expenses for carrying into effect the provisions of this Act.
Conservation of the Fund