Section 4
of Sabah Foundation Enactment 1966
State EnactmentIn forceProvision 4 of 19
Section 4
(1)
For the purposes of enabling the Foundation to carry out its objects, there shall be established a fund to be called the Sabah Foundation Fund.
(2)
The Fund shall consist of: -
(a)
such sums as the Government may from time to time contribute to the
Fund;
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(b)
all other monies which may be donated, contributed, loaned or in any other manner paid into the Fund by any authority or person;
(c)
all interest received by the Board upon such portion of the monies of the
Fund as may from time to time be invested or placed on deposit;
(d)
all revenues from any property held by the Board.
Establishment of Board of Trustees.