Section 48
Quarterly report
of Sarawak Sovereign Wealth Future Fund Board Ordinance, 2022
—
The Board shall, as soon as practicable after the end of each financial quarter, cause to be made and transmitted to the
Minister, a report dealing generally with the activities and affairs of the Board and all the committees established by it under section 26
containing such information relating to the proceedings and policies of the Board as the Minister may, from time to time, direct.
(2)
Without prejudice to the generality of subsection (1), such report shall include—
(a)
a report on the performance of the investments of the
Fund in that financial quarter, highlighting any economic and other factors which had a material impact on such investments;
(b)
a report on the investment strategies and policies adopted by the Board in that financial quarter;
(c)
a report on the proposed investment strategies and policies to be adopted by the Board and a copy of the proposed budget for the next financial quarter; and
(d)
a report on any breaches or non-compliance of this
Ordinance by any person.