Malaysia legislation

Section 19

of Natural Resources And Environment Ordinance, 1949

Section 19

⎯(1) For the purpose of enabling the Board to carry out its obligations and functions, there shall be established a Fund to be known as the Natural Resources and Environmental Quality Control

Fund (hereinafter referred to as “the Fund”).

(2)

The Fund shall consist of⎯

(a)

such sums as may be appropriated from time to time by

Dewan Undangan Negeri;

(b)

all moneys received from time to time by way of grants from the Federal or State Government;

(c)

moneys earned by the operation of any project, scheme or enterprise financed from the Fund;

(d)

such sums as may be paid from time to time to the

Board from advances or loans made by the Board;

(e)

moneys received by way of interests or dividends earned from investments in respect of moneys held in the Fund;

(f)

such sums as may be paid as compound, compensation and any other fees received by the Board pursuant to this

Ordinance or any rules made hereunder; and

(g)

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, powers and duties.

32

Conservation of Fund