Malaysia legislation

Section 38

of *EAST COAST ECONOMIC REGION DEVELOPMENT COUNCIL ACT 2008

Section 38

Investment

(2)

Subject to and in accordance with any written law, the Council may establish, manage and operate any investment fund in accordance with its specified purposes, whether relating to property, stock, shares or otherwise, and to dissolve the investment fund on such terms as the Council may determine.

East Coast Economic Region Development Council 39

Expenditure and preparation of estimates