Malaysia legislation
Section 7
Section 7
(2)
Without prejudice to the generality of subsection (1), the
Board shall have the power—
(a)
to carry out any commercial, industrial, research or training activity or any other activity the carrying out whereof appears to it to be requisite, advantageous or convenient for or in connection with the performance of its duties or the exercise of its powers;
(b)
to impose fees or any other charges it deems fit for services that the Board is requested to carry out, render or perform;
(c)
to receive in consideration of the services carried out, rendered or performed by it such commission or payment as may be agreed upon; and
(d)
to perform all duties and exercise all powers which, under any written law, are or may be, or may become, vested in the Board or are delegated to the Board.
(3)
For the purpose of this section—
(a)
“acquisition”, in relation to property, includes the purchasing, taking on lease and hiring of such property;
and
(b)
“disposal”, in relation to property, includes the conveying, selling, assigning, surrendering and yielding up, charging, mortgaging, demising, letting and subletting, reassigning and transferring of such property.
ACT 213 10
Powers of the Board to transfer or dispose of activity or duty