Section 15
Reserve fund
of Majlis Amanah Rakyat Act 1966
ActIn forceProvision 16 of 47
Section 15
(1)
The Majlis shall establish and manage a reserve fund.
(2)
The payment into and out of the reserve fund shall be determined by the Majlis: Provided that no part of the reserve fund shall be applied otherwise than for the purposes of the Majlis.