Malaysia legislation
Section 3
Section 3
Amendment of section 5
(a)
in subsection (1)—
(i)
in paragraph (a), by inserting after the words
“Yang di-Pertuan Agong” the words “, on the advice of the Minister”;
(ii)
in paragraph (b), by substituting for the words
“Ministry of Higher Education” the words
“Ministry charged with the responsibility for the Fund”; and
(iii)
in paragraph (d), by inserting after the word
“Minister” the words “after consultation with the Chairman”;
(b)
by inserting after subsection (1) the following subsection:
“(1a) The Chairman and members of the Board under paragraph (1)(d) shall be from amongst persons of standing, achievement and experience in the charity or human capital development field or from amongst professionals who possess relevant experience in educational, financial or commercial matters.”;
(c)
in subsection (2), by substituting for the words
“three years” the words “four years”; and
(d)
by substituting for subsection (3) the following subsection:
“(3) The Chairman shall preside at all meetings of the Board and in his absence from any meeting, such other member of the Board as may be elected by the members of the Board who are present shall preside as Chairman and have all the powers of the Chairman.”.
Tunku Abdul Rahman Foundation Fund (Amendment)
5
New section 7a