Malaysia legislation
Section 16
Section 16
Application of the Fund
The moneys standing to the credit of the Fund may be applied for the following purposes:
(a)
the payment of the expenses of, or connected with, the administration of the Council;
(b)
the administration, management and operation of the
Biodiversity Centre;
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(c)
the salaries, fees, provident fund contributions, superannuation allowances and gratuities of the officers and employees of the Council.
(d)
the granting of loans to the officers and employees of the Council;
(e)
the repayment of loans made to the Council; and
(f)
the payment of all expenses necessary for carrying out the provisions of this Ordinance.
[Sub. Cap. A163]
Vesting of property