Iskandar Regional Development Authority Act 2007 · Updated to 1 Nov 2012 · Part VI · Finance
37. Social Projects Fund
Official textFrom Laws of Malaysia Online, unchanged
The Authority shall establish and manage a fund to be known as the “Social Projects Fund”.
Authority
“Authority” means the Iskandar Regional Development Authority established under section 3;
The Social Projects Fund shall consist of—
Social Projects Fund
“Social Projects Fund” means the Social Projects Fund established under section 37;
such sums as may be contributed or donated from time to time for the purposes of the Social Projects Fund by any person, corporation or other entity; and
sums borrowed by the Authority for the purposes of the
Social Projects Fund.
The Social Projects Fund shall be expended for projects, schemes and undertakings which, in the opinion of the
Authority, are for the general benefit of the Iskandar Development
Region community and consistent with the strategies and initiatives in the Comprehensive Development Plan relating to social development, and which may, for the avoidance of doubt, include projects, schemes and undertakings for the promotion of art and culture.
Comprehensive Development Plan
“Comprehensive Development Plan” means the Comprehensive Development Plan for the Iskandar Development Region, and includes any alteration of such Comprehensive Development Plan by virtue of section 25; and
Terms defined in s 2
Authority
Defined · s 2“Authority” means the Iskandar Regional Development Authority established under section 3;
Comprehensive Development Plan
Defined · s 2“Comprehensive Development Plan” means the Comprehensive Development Plan for the Iskandar Development Region, and includes any alteration of such Comprehensive Development Plan by virtue of section 25; and
Fund
Defined · s 2“Fund” means the Iskandar Regional Development Authority Fund established under section 33;
Iskandar Development Region
Defined · s 2“Iskandar Development Region” means the area or areas determined by the Minister in accordance with section 15.
Social Projects Fund
Defined · s 2“Social Projects Fund” means the Social Projects Fund established under section 37;
Part VII