Malaysia legislation

Section 2

of Statutory Bodies (Financial and Accounting Procedure) Ordinance, 1995

Section 2

(a)

any law enacted by Dewan Undangan Negeri or which the Dewan has the power to make; and

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(b)

any Order or subsidiary legislation which an authority in the State is empowered to make or enact;

“statutory body” means any body corporate listed in the

Schedule incorporated pursuant to the provisions of a State law and is a public authority or an agency of the State Government of

Sarawak but does not include a local authority in Sarawak;

“subsidiary company” shall have the same meaning as that assigned to it in section 5 of the Companies Act 1965 [Act 125], and includes a company wherein a statutory body holds or acquires in aggregate, directly or indirectly, more than one-half of the company’s shares based on paid up capital of such company.

(2)

In this Ordinance, a reference to the Yang di-Pertua Negeri shall be construed as a reference to the Yang di-Pertua Negeri acting in accordance with the advice of the Majlis Mesyuarat Kerajaan

Negeri or of a member thereof acting under the general authority of the Majlis.

Inconsistency with any other State laws

Section 2 — Statutory Bodies (Financial and Accounting Procedure) Ordinance, 1995