Section 29

of Intellectual Property Corporation of Malaysia Act 2002

ActIn forceProvision 29 of 56

Section 29

(1)

A Fund to be known as the “Intellectual Property Fund” to be administered and controlled by the Corporation is established.

Act 617

(2)

The Fund shall consist of—

(a)

all moneys received by the Corporation for services rendered by the Corporation to the Government as its agent or for services rendered by the Corporation to any person;

(b)

all moneys received by the Corporation by way of grants;

(c)

all moneys derived from the disposal, lease or hire of, or any other dealings with, any property vested in or acquired by the Corporation;

(d)

all moneys derived as income from investments by the

Corporation;

(e)

all moneys borrowed by the Corporation under this Act;

and

(f)

all other moneys lawfully received by the Corporation.

Read in full context — Intellectual Property Corporation of Malaysia Act 2002 →