Section 17
of Lembaga Kemajuan Johor Tenggara Act 1972
Section 17
For the purposes of this Act there is established a fund to be administered and controlled by the Lembaga.
(2)
The Fund shall consist of—
(a)
such sums as may be provided from time to time for those purposes by Parliament or the Legislative Assembly of the State;
Act 75
(b)
such sums as may be allocated from time to time to the
Lembaga from loan funds;
(c)
moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(d)
moneys earned or arising from any property, investment, mortgage, charge or debenture acquired by or vested in the Lembaga;
(e)
any property, investment, mortgage, charge or debenture acquired by or vested in the Lembaga;
(f)
sums borrowed by the Lembaga for the purpose of meeting any of its obligations or discharging any of its duties;
and
(g)
all other sums or property which may in any manner become payable to or vested in the Lembaga in respect of any matter incidental to its powers and duties.
(3)
In this section the expression “loan funds” means such sums as may be made available from time to time to the Government of the Federation or of the State by way of loan.