Iskandar Regional Development Authority Act 2007 · s 34

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34.
Expenditure to be charged on the Fund
The Fund shall be expended for the purposes of—
(a)	 paying any expenditure lawfully incurred by the Authority, including survey and legal fees and costs and other fees and costs;
(b)	 paying for the remuneration, allowances and other expenses of the members of the Authority, the Approvals and
Implementation Committee, any committee, officers and servants of the Authority including the granting of loans and advances, superannuation allowances, retirement benefits, pensions and gratuities;
(c)	 paying any other expenses, costs or expenditure lawfully incurred or accepted by the Authority in the performance of its functions or the exercise of its powers under this
Act;
(d)	 purchasing or hiring plant, equipment, machinery and materials, acquiring land and other assets, and erecting buildings, and carrying out any other works and undertakings in the performance of its functions or the exercise of its powers under this Act;
(e)	 repaying any moneys borrowed under this Act and the interest due on the borrowed moneys;
(f)	 granting financial assistance under section 20; and
(g)	 generally paying any expenses for carrying into effect the provisions of this Act.

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s 34Expenditure to be charged on the Fund

The Fund shall be expended for the purposes of—

(a)

paying any expenditure lawfully incurred by the Authority, including survey and legal fees and costs and other fees and costs;

(b)

paying for the remuneration, allowances and other expenses of the members of the Authority, the Approvals and

Implementation Committee, any committee, officers and servants of the Authority including the granting of loans and advances, superannuation allowances, retirement benefits, pensions and gratuities;

(c)

paying any other expenses, costs or expenditure lawfully incurred or accepted by the Authority in the performance of its functions or the exercise of its powers under this

Act;

(d)

purchasing or hiring plant, equipment, machinery and materials, acquiring land and other assets, and erecting buildings, and carrying out any other works and undertakings in the performance of its functions or the exercise of its powers under this Act;

(e)

repaying any moneys borrowed under this Act and the interest due on the borrowed moneys;

(f)

granting financial assistance under section 20; and

(g)

generally paying any expenses for carrying into effect the provisions of this Act.