Malaysia legislation
Section 10
Section 10
(2)
Every order made under subsection (1) shall make provisions in respect of—
(a)
the constitution of the corporation;
(b)
the financing of the corporation;
(c)
the repayment of loans made to the corporation; and
(d)
the accounts to be kept by the corporation and the audit of the accounts.
(3)
The provisions of the Second Schedule shall apply to the corporation established by the Board under subsection (1).
(4)
The Minister may make such rules or regulations prescribing any activity or interest or prescribing the terms or conditions of any activity or interest of any member, officer or servant of the Board in relation to the corporation and any omission or neglect to comply with and any act done or attempted to be done contrary to the provisions of such rules or regulations is an offence against this Act and the offender shall be liable on conviction to a fine not exceeding
18 Laws of Malaysia ACT 343
ten thousand ringgit or to imprisonment for a term not exceeding five years or to both.
Commercialization of research findings