Malaysia legislation

Section 17

of *LEMBAGA PEMBANGUNAN INDUSTRI PEMBINAAN MALAYSIA ACT 1994

Section 17

Expenditure to be charged on the Fund

The Fund shall be expended for the purposes of―

(a)

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

(b)

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

(c)

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

(d)

generally, paying any expenses for carrying into effect this

Act.

Expenditure and preparation of estimates

Section 17 — LEMBAGA PEMBANGUNAN INDUSTRI PEMBINAAN MALAYSIA ACT 1994