Malaysia legislation

Section 15

of Sabah Economic Development And Investment Authority Enactment 2009

Section 15

The Fund shall be expended for the following purposes:

10

(a)

disbursing funds received from the Government or the Federal Government to the relevant implementing Government Entities for the Sabah Development

Corridor;

(b)

performing or discharging the functions and duties of the Authority;

(c)

paying for the remuneration, allowances or other expenses of members, the

Chief Executive, officers and servants of the Authority;

(d)

undertakes approved and lawful investments, and acquisition of shares or interest in companies or property movable or immovable for the purpose of this

Enactment; and

(e)

paying any other expenses lawfully incurred in the discharged or performance of its functions and duties under this Enactment.

Expenditure and preparation of estimates

Section 15 — Sabah Economic Development And Investment Authority Enactment 2009