Malaysia legislation
Section 9
Section 9
For the purpose of this Act, a National Sports Fund (hereinafter referred to as “the Fund”) is established to be administered and controlled by the Board—
(a)
into which shall be paid—
(i)
such sums as may be provided from time to time by Parliament;
(ii)
such sums as may from time to time be borrowed by the Board upon terms and conditions approved by the Minister in consultation with the Minister of Finance for the purpose of meeting any of its obligations or discharging any of its duties;
(iii)
all moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(iv)
all moneys earned or arising from any property, investment, mortgage, charges or debentures acquired by or vested in the Board;