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Section 20

Expenditure to be charged on the Fund

of Lembaga Kemajuan Johor Tenggara Act 1972

ActIn forceProvision 20 of 33
Section 20

The Fund shall be expended for the purpose of—

(a)

paying all expenses incurred under section 25;

(b)

granting loans under section 27;

(c)

paying any expenditure lawfully incurred by the Lembaga, including survey, legal and other fees and costs, and the remuneration of officers and servants appointed and employed by the Lembaga, including superannuation allowances, pensions or gratuities;

(d)

paying any other expenses, costs or expenditure properly incurred or accepted by the Lembaga in the performance of its functions or the exercise of its powers under section 4;

(e)

purchasing or hiring plant, equipment, machinery, stores and any other materials and acquiring land and erecting buildings and carrying out any other works and undertakings in the performance of its functions or the exercise of its powers under section 4;

(f)

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

(g)

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