Malaysia legislation

Section 19

of PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958

Section 19

⎯(1)

It shall be the duty of the Corporation so to exercise and perform its functions as to secure that its revenues are not less than sufficient to meet all sums properly chargeable to its revenue account, taking one year with another.

(2)

Any excess of the revenues of the Corporation for any financial year thereof over the sums properly chargeable to its revenue account for that year shall be applied by the Corporation for such purposes as it may, with the approval of the Majlis Mesyuarat

Kerajaan Negeri, determine.

Gifts

Section 19 — PERBADANAN PEMBANGUNAN EKONOMI SARAWAK ORDINANCE, 1958