Malaysia legislation

Section 15

of Sarawak Biodiversity Centre Ordinance, 1997

Section 15

Biodiversity Centre Fund

All moneys received or raised including any monetary benefits obtained from a benefit sharing agreement by the Council shall forthwith be paid into such banks or other financial institutions as may from time to time be decided by the Council to the credit of a fund to be called the Biodiversity Centre Fund (referred to in this

Ordinance as “the Fund”) which shall be controlled and administered by the Council, subject to the directions of the Minister.