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Section 12

Application of income

of National Association of Women'S Institutes of Malaysia Incorporation Act 1958

ActIn forceProvision 11 of 14
Section 12

The income and property of the Corporation, whencesoever derived, shall be applied solely towards the promotion of the aforesaid objects of the Corporation and no portion thereof shall be paid or transferred directly or indirectly by way of dividend, bonus or otherwise howsoever by way of profit to the members of the Corporation:

Provided that nothing herein contained shall prevent the payment in good faith of remuneration to any officers or servants of the

Corporation or to any members of the Corporation in return for any services actually rendered to the Corporation.