Malaysian Rubber Board (Incorporation) Act 1996 · Updated to 1 Dec 2011 · Part II · Establishment of the Board
3. The Board and its objectives
Official textFrom Laws of Malaysia Online, unchanged
There is established a body corporate by the name
10 Laws of Malaysia ACT 551
of “Malaysian Rubber Board” with perpetual succession and a common seal, which may sue and be sued in its corporate name and, subject to and for the purposes of this Act, may enter into contracts and may acquire, purchase, take, hold and enjoy movable and immovable property of every description and may convey, assign, surrender, yield up, charge, mortgage, demise, reassign, transfer or otherwise dispose of, or deal with, any movable or immovable property or any interest therein vested in the Board upon such terms as it thinks fit.
rubber
“rubber” means all natural rubber in liquid, solid or blended form derived from any latex-bearing plant and synthetic rubber in liquid, solid or blended form derived from petrochemical products and includes all elastomers derived from natural or synthetic rubber or both;
The objectives of the Board are—
to promote and develop the rubber industry of Malaysia;
and
to develop national objectives, policies and priorities for the orderly development and administration of the rubber industry of Malaysia.
The provisions of the First Schedule shall apply to the Board.
Terms defined in s 2
rubber
Defined · s 2“rubber” means all natural rubber in liquid, solid or blended form derived from any latex-bearing plant and synthetic rubber in liquid, solid or blended form derived from petrochemical products and includes all elastomers derived from natural or synthetic rubber or both;
rubber industry
Defined · s 2“rubber industry” includes the production of rubber and hevea wood, the processing and utilization of rubber, the manufacture of rubber products, and services related thereto;
Part III
Director General, Officers and Servants of the Board
Part IV
Research and Development
Part V
Finance
Part VI
Other Powers and Functions of the Board
Part VII
Enforcement
Part VIII
General
Part IX