Section 19
Payment of minor’s maintenance
of Public Trust Corporation Act 1995
Where any property not exceeding twenty thousand ringgit in value is held by the Corporation, whether by virtue of a grant of letters of administration to the Corporation or by virtue of the powers conferred on the Corporation by this Act, and the property is held by the Corporation upon trust for any person for any interest whatsoever, whether vested or contingent, then, subject to any prior interest or charges affecting that property, the Corporation may at its sole discretion, during the minority of any such person, make payments of the whole or such part of the income and capital money of the property as may in all the circumstances be reasonable for that person’s maintenance, education or benefit.
(2)
Where the property so held exceeds forty thousand ringgit in value, the Corporation may make payments of capital money to the extent of twenty thousand ringgit.
(3)
Payments under subsections (1) and (2) may be made to the parent or guardian of such person or otherwise as the Corporation may, in its discretion, determine and whether or not there is—
(a)
any other fund applicable for the same purpose; or
(b)
any person bound by law to provide for the person’s maintenance or education.