Malaysia legislation

Section 6

of FOREST CONCESSION AREA (REHABILITATION AND DEVELOPMENT) FUND ORDINANCE, 1985 ( Ord. No. 7/85 )

Section 6

(a)

to rehabilitate the forest concession areas or improve the economic, social and human development and well being of the beneficiaries;

(b)

to improve the standard of health and education of the beneficiaries;

(c)

to assist or provide assistance, in such form or manner as the Board may in its discretion determine, for the beneficiaries to participate in any land development scheme or to acquire securities in any company undertaking such scheme;

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(d)

to enable the beneficiaries to invest in such securities as may be approved by the Board;

(e)

to upgrade, improve or provide infrastructure facilities, public utilities and other social or communal amenities either within or outside a forest concession area for the benefit, enjoyment and recreation of the beneficiaries;

(f)

to relieve poverty or hardship of any of the native communities living in or from a forest concession area;

(g)

to pay for the administration of the Fund and expenses of the Board in the discharge of its functions and powers, including payment of salaries, fees, allowances and expenses to employees of the Board and the advisers, consultants or managers appointed under section 5(f);

(h)

generally, towards the advancement and benefit of the beneficiaries, or for such other purposes as the Board, in consultation with Majlis Mesyuarat Kerajaan Negeri, may approve.

(2)

All payments or disbursement of moneys from the Fund shall be approved by a general or a special resolution of the Board.

[Sub. Cap. A67.]

Accounts and audit

Section 6 — FOREST CONCESSION AREA (REHABILITATION AND DEVELOPMENT) FUND ORDINANCE, 1985 ( Ord. No. 7/85 )