Section 7
of Co-Operative College (Incorporation) Act 1968
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Section 7
(1)
There is hereby established a fund to be known as the Co-operative College of Malaysia Fund (hereinafter referred to as the "Fund")—
(a)
into which shall be paid all sums received by the College (whether by way of contributions, grants, fees, borrowing or otherwise); and
(b)
from which shall be paid such outgoings as are directed by this Act to be paid out of the Fund.
(2)
Parliament may from time to time make grants to the College.