Malaysia legislation
Section 14
of Sabah Economic Development And Investment Authority Enactment 2009
Section 14
(1)
A fund to be known as the “Sabah Economic Development and Investment
Authority Fund” to be administered and controlled by the Authority is established.
(2)
The Fund shall consist of –
(a)
any revenues obtained or received by the Authority;
(b)
any grant provided or loans and advances made to the Authority by the
Government or the Federal Government for the Sabah Development
Corridor;
(c)
such funds as may be specifically allocated to the Authority to be disbursed to the relevant implementing Government Entities for the Sabah
Development Corridor;
(d)
such sums as may be appropriated from time to time for the purposes of the Authority;
(e)
any income or revenue derived or obtained by the Authority from the sale or disposal of any assets of the Authority, or in the discharge of its functions and exercise of its duties under this Enactment;
(f)
any donation or contribution from whatever source provided to or given to the Authority; and
(g)
any other sums or funds which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its functions and duties.
Expenditure to be charged on the Fund