Malaysia legislation

Section 55

of Local Government Ordinance 1961

Section 55

The revenues of an Authority shall consist of-

(a)

all rates levied by the Authority under this Ordinance and payments in lieu thereof;

(b)

all fees, charges, dues and rents recoverable by the Authority or to which the

Authority is entitled under this Ordinance or any other written law;

51

(c)

all fines imposed by any competent court, in respect of any contravention of the provisions of this Ordinance or of any by-laws made thereunder;

(d)

all charges or profits arising from any trade, service or undertaking, carried on by the Authority under the powers vested in it;

(e)

interest on moneys invested by the Authority except where other prevision is made in regard thereto under this Ordinance or any other law;

(f)

all revenues accruing to the Authority from the Government as contributions, grants-in-aid endowment or otherwise;

(g)

such Government revenues as the Legislative Assembly may by resolution from time to time declare to be revenues for the purposes of this section.

Obligatory grants from public revenue.