Section 33
The Fund
of Iskandar Regional Development Authority Act 2007
(1)
A fund to be known as the “Iskandar Regional Development
Authority Fund” to be administered and controlled by the Authority is established.
(2)
The Fund shall consist of—
(a)
such sums as may be provided by the Parliament for the purposes of this Act from time to time;
(b)
such sums as may be paid to the Authority from time to time for loans made by the Authority;
(c)
all moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(d)
all moneys earned or arising from any property, investment, investment fund, mortgage, charge or debenture acquired by or vested in the Authority;
(e)
any property, investment, investment fund, mortgage, charge or debenture acquired by or vested in the Authority;
(f)
sums borrowed by the Authority for the purposes of meeting any of its obligations or discharging any of its duties;
(g)
fees, costs, levies, contributions and other charges imposed by the Authority under this Act;
(h)
all moneys earned from consultancy and advisory services and any other service rendered by the Authority;
(i)
all other sums or property, other than sums mentioned in paragraph 28(2)(b) and subsection 37(2), which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its functions, powers and duties; and
(j)
all other moneys lawfully received by the Authority.
Act 664