Section 12
The Fund
of Sarawak Tourism Board (Incorporation) Ordinance, 1994
—
There is established, for the purposes of this
Ordinance, a Fund to be administered and controlled by the Board.
(2)
The Fund shall consist of—
(a)
such sums as may be appropriated from time to time by the Dewan Undangan Negeri;
(b)
such sums as may be paid from time to time to the
Board from advances or loans made by the Board;
(c)
moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(d)
moneys earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Board;
(e)
any property, investments, mortgages, charges or debentures acquired by or vested in the Board;
(f)
sums borrowed by the Board for the purposes of meeting any of its obligations or discharging any of its duties;
and
(g)
all other sums or property which may in any manner become payable to or vested in the Board in respect of any matter incidental to its functions, powers and duties.
For Reference Only
Sarawak LawNet
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