Malaysia legislation
Section 4
Section 4
(2)
The Retirement Fund (Incorporated) shall have the power to perform any or all of its functions, wholly or partly, in or outside
Malaysia.
(3)
The Retirement Fund (Incorporated) with the approval of the
Minister, may —
(a)
enter into any joint venture, undertaking or any other form of co-operation or arrangement for the sharing of profits or carry on its activities in association with, or otherwise, any public authority or government body carrying on or engaging in any such activities;
(b)
by order published in the Gazette, establish a corporation by such name as the Retirement Fund (Incorporated) may think fit, to carry out and manage any project, scheme or enterprise which has been planned or undertaken by the
Retirement Fund (Incorporated) in furtherance of its functions under this Act, and the corporation may so do either by itself or by entering into partnership or any arrangement for sharing of profits, co-operation, joint venture or otherwise; and
(c)
incorporate or acquire a company or other corporation incorporated under the laws of a foreign jurisdiction, to carry on or engage in any activity approved or undertaken by the Retirement Fund (Incorporated).
(4)
The provisions of the First Schedule shall apply to a corporation established under paragraph (3)(b).
The Retirement Fund (Incorporated) may act as an agent of
Government