Malaysia legislation

Section 13

of *MAJLIS AMANAH RAKYAT ACT 1966

Section 13

(2)

The Fund shall consist of—

(a)

such sums as may be provided from time to time for that purpose by Parliament;

(b)

such sums as may be allocated from time to time to the

Majlis from loan funds;

(c)

all sums from time to time received by or falling due to the

Majlis in respect of the repayment of any loan made by the

Majlis and the interest payable in respect of any such loan;

(d)

moneys earned by the operation of any project, scheme or enterprise financed from the Fund;

(e)

moneys earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Majlis;

(f)

any property, investments, mortgages, charges or debentures acquired by or vested in the Majlis;

(g)

sums borrowed by the Majlis for the purpose of meeting any of its obligations or discharging any of its duties; and

(h)

all other sums or property which may in any manner become payable to or vested in the Majlis in respect of any matter incidental to its powers and duties.

(3)

In this section, the expression “loan funds” means such sums as may be made available from time to time to the Government by way of loan.

Balancing of revenue account