Section 24
Power to establish corporations
ActIn forceProvision 24 of 39
Section 24
(1)
The Perbadanan may from time to time, with the approval of the Minister, by order published in the Gazette, establish a corporation, by such name as the Perbadanan may think fit, to carry out and have the charge, conduct and management of any project, scheme or enterprise which has been planned or undertaken by the Perbadanan in the performance of its functions, the exercise of its powers or the discharge of its duties.
(2)
The provisions of the Third Schedule shall apply to every corporation established by the Perbadanan under subsection (1).