Securities Commission Act 1993 · Updated to 1 Mar 2016 · Part III · Finance
31H. The Audit Oversight Board Fund
Feedback & supportFor the purposes of this Part, the Commission shall establish and administer a fund to be known as the “Audit Oversight
Commission
“Commission” means the Securities Commission Malaysia established under section 3;
Board Fund”.
The assets of the Audit Oversight Board Fund shall be the property of the Commission and shall be kept separate and apart from those of the Fund.
Audit Oversight Board
“Audit Oversight Board” means the Audit Oversight Board established under section 31C;
The Audit Oversight Board shall consist of the following;
such sums as may be determined by the Commission from time to time for the purposes of this Part;
contributions as may be prescribed by the Mnister under section 31I;
registration fees prescribed under section 31O;
penalty imposed under section 31Z;
fees or other charges imposed under this Part;
monies earned or arising from any investment of the
Audit Oversight Board Fund; and
all other sums or property which may, in any manner, be payable to or be vested in the Audit Oversight Board
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Fund relating to any matter incidental to its functions and powers under this Part.