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mylaw.myby aturio
In forceUpdated to 1 Apr 2013Read it in Bahasa Malaysia
Contents

Part IV · Finance

14. The Fund

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(1)

There is hereby established, for the purposes of this

Act, a fund to be administered and controlled by the Board.

Malaysia Tourism Promotion Board 13

(2)

The Fund shall consist of—

(a)

such sums as may be provided from time to time by

Parliament;

(b)

such sums as may be paid from time to time to the Board from loans made by the Board;

(c)

monies earned by the operation of any project, scheme or enterprise financed from the Fund;

(d)

monies earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Board;

(e)

any property, investments, mortgages, charges or debentures acquired by or vested in the Board;

(f)

sums borrowed by the Board for the purposes of meeting any of its obligations or discharging any of its duties;

and

(g)

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, powers and duties.

Report

Read on from s 15

Part V

Other Powers of the Board

Read on from Part V

Part VI

General

Read on from Part VI

Part VII

Repeal and Transitional Provisions

Read on from Part VII

Schedules