Malaysia legislation

Section 31

of *LEMBAGA PEMBANGUNAN LANGKAWI ACT 1990

Section 31

(2)

Without prejudice to the generality of subsection (1), regulations may be made for—

(a)

prescribing the manner in which documents, cheques and instruments of any description shall be signed or executed on behalf of the Lembaga;

(b)

prescribing the responsibilities and control of officers and servants of the Lembaga;

(c)

imposing fees in such cases as may be determined by the

Lembaga;

(d)

providing for such matters in connection with shares, stock, bonds, debentures or debenture stock issued under this Act as may appear necessary or expedient to the

Lembaga, and, in particular, for regulating the method of issue, transfer, redemption or other dealing with such shares, stock, bonds, debentures or debenture stock;

(e)

prescribing the manner in which and the terms and conditions on which loans may be granted by the

Lembaga under section 26; and

(f)

providing generally for the performance of the functions, the exercise of the powers and the discharge of the duties of the Lembaga under the provisions of this Act.

Lembaga Pembangunan Langkawi 23

(3)

Regulations under this section—

(a)

may provide that any act or omission in contravention of any provision thereof shall be an offence; and

(b)

may provide for the imposition of penalties for such offence, which penalties shall not exceed one thousand ringgit.

Things done in anticipation of the enactment of this Act