Section 20

the salaries, fees and other privileges for members of a statutory body;

the salaries, fees and privileges of members of Board of Directors of any holding or subsidiary company of the statutory body;

the fees or other remuneration payable to the statutory body for services rendered by the statutory body;

the remuneration of an auditor appointed under this

Ordinance and for the costs of an audit carried out under this

Ordinance;

20

powers, duties and responsibilities of members of the board of management or trustees and officers and servants of a statutory body in relation to the accounts and other records of the operation of that statutory body or its holding or subsidiary or related companies;

the appointment of consultants, professional advisers, contractors and project managers by statutory bodies, their holding or subsidiary companies;

the disposal of capital assets by a statutory body;

the transfer of all or any part of the moneys assigned to one expenditure item to another expenditure item;

the writing off of bad debts and other losses of a statutory body; and

prescribing anything which is to be or may be prescribed by regulations.

[Am. Cap. A112.]

Regulations made under this section may provide that a contravention of specified provisions thereof shall be an offence and may provide penalties of a fine not exceeding ten thousand ringgit and imprisonment for a term not exceeding two years.

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