Section 25
Power to establish corporations
of Majlis Amanah Rakyat Act 1966
ActIn forceProvision 26 of 47
Section 25
(1)
The Majlis may from time to time by order published in the
Gazette establish, with the approval of the Minister, a corporation by such name as the Majlis may think fit to carry out and have the charge, conduct and management of any project, scheme or enterprise (referred to in this Act as a “registered development project”) which has been planned or undertaken by the Majlis in execution of its duty or discharge of its functions under section 6.
(2)
Fourth Schedule shall apply to the corporation established by the
Majlis under subsection (1).
20 Laws of Malaysia ACT 489
Additional functions of the Majlis