Malaysia legislation
Section 5
Section 5
(1)
For the purpose of carrying out any of the objects set out in section 4 the
Council may –
(a)
acquire or accept leases, purchase, take, hold and enjoy any lands, buildings, messuages or tenements of whatsoever nature or kind and wheresoever situate in the State or elsewhere;
(b)
invest moneys on deposit in any bank or on mortgage of any lands, buildings, messuages or tenements in the State or any part of
Malaysia or in or upon mortgages, debentures, stocks, funds, shares or securities or any corporation or company carrying on business in the State or elsewhere;
(c)
purchase and acquire all manners of goods and chattels whatsoever;
4
(d)
grant, sell, convey, assign, surrender, yield up, mortgage, demise, reassign, transfer or otherwise dispose of any lands, buildings, messuages and tenements, mortgages, debentures, stocks, funds and securities, goods and chattels for the furtherance of the objects of the Council;
(e)
receive Government grants, donations or accept any gift of property, whether subject to any special trust or not;
(f)
take such steps by personal or written appeals, public meetings, or otherwise, as may from time to time be deemed expedient, for the purpose of procuring contributions to the Fund;
(g)
enter into any contract or undertake and execute any trust;
(h)
undertake business ventures for the furtherance of the objects of the
Council; and
(i)
generally do such acts as it thinks fit for the purpose of achieving any of the objects of the Council.
(2)
The Council may by writing, subject to such conditions or restrictions as it may impose, delegate the exercise of any of its powers or the performance of any of its functions under this Enactment to the Committee: Provided that no such delegation shall preclude the Council itself from exercising any of the functions or performing any of the functions so delegated.
Members of the Council.