Malaysia legislation
Section 22
Section 22
Expenses to be paid from the Fund
(a)
for the payment of any expenses lawfully incurred by it and the remuneration of any officer or servant employed by the Board, including superannuation allowances, pensions or gratuities;
(b)
for the payment of any other expense, cost or expenditure properly incurred or accepted by it in the exercise of the powers conferred on the Board by this Act;
(c)
for the making of loans to officers and servants of the
Board for the purpose of acquiring means of conveyance for their personal use;
(d)
for the making of loans to officers and servants of the
Board for the purpose of acquiring, building or purchasing houses for their accommodation or that of their families or for the purpose of repairing their houses; and in every case where the Board is making loans to its officers and servants under this paragraph the houses including the lands on which they stand shall be mortgaged to the
Board as security for such loans;
(e)
for the making of loans to officers and servants of the
Board for any other purpose aprroved by the Board.
Annual estimates