Section 27
Public Service Fund
of Malaysian Aviation Commission Act 2015
ActIn forceProvision 27 of 105
Section 27
(1)
A fund to be known as the “Public Service Fund” to be administered and controlled by the Commission is established.
(2)
The Public Service Fund shall consist of—
(a)
such sums as may be provided by the Parliament for the purpose of funding public service obligations;
and
(b)
all other moneys lawfully received by the
Commission for the purpose of funding public service obligations.
(3)
The Public Service Fund shall be expended for the purposes of paying any airlines performing public service obligations and any expenditure lawfully and directly incurred by the Commission in administering and managing the public service obligations.