Malaysia legislation

Section 27

of Sabah Land Development Board Enactment 1981

Section 27

It shall be the duty of the Board to conserve the Fund by so exercising and performing its functions and duties under this Enactment as to secure that the total revenues of the

Board are sufficient to meet all sums properly chargeable to their revenue account, including, without prejudice to the generality of that expression, provisions, in respect of its obligations under section 28 and depreciation and interest on capital, taking one year with another.

For Reference Only (SAGC) [May 2010]

14

Reserve fund.