Malaysia legislation
Section 24
Section 24
The Fund shall be expended for the following purposes:
(a)
paying any expenditure lawfully incurred by the Authority;
(b)
paying for the allowances and other expenses of the members of the Authority and members of committees and the remuneration, allowances and other expenses of the officers and servants of the Authority, including the granting of loans and advances, superannuation allowances, retirement benefits and gratuities;
(c)
paying any other expenses, costs, expenditure or other payments properly incurred or accepted by the Authority in the performance of its functions and the exercise of its powers under the medical device laws including the engagement of consultants, legal fees and costs and other charges and costs;
(d)
purchasing or hiring equipment, machinery and any other materials, acquiring land and any assets, and erecting buildings and carrying out any other works and undertakings in the performance of its functions and the exercise of its powers under the medical device laws;
(e)
repaying any moneys borrowed under section 28 and the interest due on the borrowed moneys; and
(f)
generally, paying any expenses for carrying into effect the provisions of the medical device laws.
Conservation of Fund