Section 13
Financial assistance to the Chief Executive, officers, servants and other persons
of Sabah Economic Development And Investment Authority Enactment 2009
The Authority may provide –
(a)
payment of retirement benefits, gratuities and other allowances as the Authority may determine to the Chief Executive, the officers and servants of the Authority;
(b)
subsidies, grants, financing or credit facilities, with or without interest, for purpose of housing or vehicle purchase, and other compassionate financing or loans, to the Chief Executive, officers and servants of the Authority;
(c)
subsidies, grants, financing or credit facilities, with or without interest, for medical purposes to the Chief Executive, officers and servants of the Authority, and their dependents;
(d)
financing or credit facilities, with or without interest, for educational purposes or scholarships to the Chief Executive, officers and servants of the Authority or any other person; and
(e)
donations to any person, on such terms and conditions as the Authority may determine.
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