Malaysian Rubber Board (Incorporation) Act 1996 · Updated to 1 Dec 2011 · Part V · Finance
34. The Fund
Official textFrom Laws of Malaysia Online, unchanged
There is established, for the purposes of this Act, a fund to be known as the “Malaysian Rubber Board Fund”, to be administered and controlled by the Board.
The Fund shall consist of—
such sums as may be provided for the purposes of this
Act by Parliament;
moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
moneys earned or arising from any property, investment, mortgage, charge or debenture acquired by or vested in the Board;
any property, investment, mortgage, charge or debenture acquired by or vested in the Board;
sums borrowed by the Board for the purposes of meeting any of its obligations or discharging any of its duties;
moneys earned from the consultancy, advisory or any
30 Laws of Malaysia ACT 551
other services provided by the Board and the research centres;
moneys collected or paid under section 37;
moneys collected or paid under section 57;
moneys collected by the Board under the regulations made under this Act and specified therein as sums payable into the Fund;
moneys distributed as dividends from the corporations established under this Act;
donations and contributions received from within or outside
Malaysia and includes moneys received from any government or organization outside Malaysia; and
all other sums or property which may in any manner become payable to or vested in the Board in respect of any matter incidental to its functions and powers.
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;
Part VI
Other Powers and Functions of the Board
Part VII
Enforcement
Part VIII
General
Part IX