Section 17
of Malaysian Media Council Act 2025
Section 17
A fund to be known as the “Malaysian Media Council
Fund” is established and shall be administered and controlled by the Council.
Malaysian Media Council 19
(2)
The Malaysian Media Council Fund shall consist of—
(a)
such sums as may be provided by Parliament from time to time for the purposes of this Act;
(b)
all moneys earned by the fees collected, operation of any project or scheme financed from the Malaysian Media
Council Fund;
(c)
all moneys earned or arising from any property, mortgage, lease, tenancy, charge or debenture acquired by or vested in the Council;
(d)
moneys received by the Council by way of grants or donations that are lawfully received by the Council; and
(e)
all other sums and properties which may in any manner become payable to or vested in the Council in respect of any matter incidental to the performance of its functions and the exercise of its powers.
(3)
For the purposes of paragraph (2)(a), for any period that the Council received any sums provided by the Parliament for the purposes of this Act, the Statutory Bodies (Accounts and Annual
Reports) Act 1980 [Act 240] shall apply to the Council.
(4)
The Council shall not receive any foreign fund.
(5)
Notwithstanding subsection (4), the Council may receive foreign fund without any conditions from any individual or foreign organization for the purpose of promoting awareness and providing education in relation to media industry, subject to the approval of the Minister.