Malaysia legislation
Section 25
of Bintulu Development Authority Ordinance, 1978 ( Ord. No. 1/78 )
Section 25
The revenue of the Authority shall consist of⎯
(a)
such rates, cesses, fees and other revenues as may be levied and collected by it in the exercise of its powers and functions as a local authority under the Local Authorities
Ordinance, 1996 [Cap. 20] or other written law by virtue of sections 4 and 5;
(b)
such proportion of any rates, taxes and fees, collected by it on behalf of the Government, as the Yang di-Pertua Negeri may approve;
(c)
such grants in aid as may be paid to it by the
Government of Malaysia or of Sarawak;
(d)
such projects and rents as may be received from the sale, or letting out on lease or hire, of property belonging to the
Authority;
(e)
such sums as may be appropriated from time to time for the purposes of the Authority by the Dewan Undangan
Negeri;
(f)
such sums as may from time to time be borrowed by the Authority for the purpose of meeting any of its obligations or discharging any of its functions;
(g)
all moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(h)
all moneys earned or arising from any property, investment, mortgage, charges or debentures acquired by or vested in the Authority;
20
(i)
all other sums or property which may in any manner become payable to, or vested in, the Authority in respect of any matter incidental to its powers and duties.
Bintulu Development Authority Fund