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In forceUpdated to 1 Dec 2012Read it in Bahasa Malaysia
Contents

Part V · General Financial Provisions

40. Local Authority Fund

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(1)

All moneys received by the local authority by virtue of this

Act or any other written law shall constitute a fund to be called the

Local Authority Fund and shall, together with all property which becomes vested in the local authority, be under the direction and control of the local authority.

(2)

All moneys received by the local authority in respect of the

Local Authority Fund shall be lodged on current or deposit account with one or more banks licensed under the Banking and Financial

Institutions Act 1989 [Act 372].

(3)

All orders or cheques against the said Fund shall be signed by two officers authorized in writing by the local authority.

(4)

Any such moneys may be invested in any securities in which trustees are empowered to invest or in such other manner as authorized by the Minister of Finance.

Report

Read on from s 41

Part VI

Accounts and Audit

Read on from Part VI

Part VII

Public Places

Read on from Part VII

Part VIII

Pollution of Streams

Read on from Part VIII

Part IX

Food, Markets, Sanitation and Nuisances

Read on from Part IX

Part X

Part XI

Burial Places, Crematoria and Exhumation

Read on from Part XI

Part XII

Further Powers of Local Authority

Read on from Part XII

Part XIII

By-laws

Read on from Part XIII

Part XIV

Read on from Part XIV

Part XV

Rating and Valuation

Read on from Part XV

Part XVI

Special Provisions

Read on from Part XVI

Schedules