Malaysia legislation

Section 11

of Amanah Rakyat Negeri Sabah Enactment 1990

Section 11

(1)

Moneys standing to the credit of the Fund may be applied –

(a)

to pay to such Malaysian citizens having permanent residence in Sabah such amount of cash distributions for the promotion of their general welfare, at such time and in such manner as the Board may from time to time determine;

(b)

to donate, grant or contribute to any charitable organisation or body as the

Board in its sole discretion deems fit;

(c)

to provide monetary grants and scholarships for candidates selected by the Board to assist such candidates in their education whether within or without the State; and

5

(d)

to provide such other grants as may be approved by the Yang di-Pertua

Negeri.

(2)

Where moneys provided under paragraph (a) of section 3 are applied for any of the purposes mentioned in sub-section (1) of this section, the Board shall be deemed to be an agent of the State Government.

Administration fees.

Section 11 — Amanah Rakyat Negeri Sabah Enactment 1990