Malaysia legislation

Section 17

of TUN RAZAK FOUNDATION ACT 1976

Section 17

(2)

If on receipt of such report the Minister considers that an appeal for grants, donations, endowments or gifts should be made he shall forthwith direct the Board to make such appeals and the

Board shall accordingly comply with such direction.

(3)

If after the expiration of one year from the date any appeal is made under subsection (2) no adequate grants, donations, endowments or gifts are received by the Board, the Minister shall direct that the Foundation be liquidated; and proceedings for liquidation shall commence according to the regulations made under this Act.

Penal Code