Malaysia legislation
Section 16
Section 16
Expenditure to be charged on the Fund
The Fund shall be expended for the purposes of—
(a)
paying any expenditure lawfully incurred by the
Authority, including legal fees and other fees and costs, and the salaries, remuneration and allowances of members, committees, officers and employees appointed and employed by the Authority, including superannuation allowances, provident fund, pensions and gratuities;
(b)
paying rewards, any other expenses, costs or expenditure properly incurred or accepted by the Authority in the performance of its functions or the exercise of its powers and functions under this Ordinance;
(c)
granting loans, advances, incentives or other financial assistance approved by the Majlis Mesyuarat Kerajaan Negeri;
(d)
purchasing or hiring equipment, vehicles, machinery, stores and any other materials, acquiring land and erecting buildings, and carrying out any other works and undertakings in the exercise of its powers and the performance of its functions under this Ordinance;
(e)
repaying any moneys borrowed under this Ordinance and the interest due thereon; and
(f)
generally, paying any expenses for carrying into effect the provisions of this Ordinance and any regulations made hereunder.
20
Expenditure and preparation of estimates