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In forceUpdated to 1 Feb 2024Read it in Bahasa Malaysia
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Part V · Finance

27. Suruhanjaya Perkhidmatan Air Negara Fund

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(1)

A fund to be known as the “Suruhanjaya Perkhidmatan Air

Negara Fund” is established and shall be administered and controlled by the Commission.

(2)

The Fund shall consist of—

(a)

such sums as may be provided by Parliament for the purposes of the water supply and sewerage services laws from time to time;

(b)

all or any part of the licence fees or other fees, administration charges, levies or other charges imposed by or payable to the Commission under the water supply and sewerage services laws;

(c)

all moneys derived as income from investments by the

Commission;

24 Laws of Malaysia ACT 654

(d)

all moneys derived from the sale, disposal, lease or hire, or any other dealing with, any property, mortgages, charges or debentures vested in or acquired by the Commission;

(e)

all moneys earned from consultancy and advisory services and any other service provided by the Commission;

(f)

all other moneys and property which may in any manner become payable to or vested in the Commission in respect of any matter incidental to its functions and powers;

(g)

sums borrowed by the Commission under section 32; and

(h)

all other moneys lawfully received by the Commission.

(3)

Notwithstanding paragraph 27(2)(b), the moneys referred to in that paragraph which are in excess of the financial requirements of the

Commission for the performance of its functions may be paid into the

Federal Consolidated Fund.

(4)

Notwithstanding subsection (2), any money contributed for the

Water Industry Fund and the Sewerage Capital Contribution Fund under the Water Services Industry Act 2006 shall not be a part of the

Fund.

Report

Read on from s 28

Part VI

General

Read on from Part VI

Schedules