Malaysia legislation
Section 4
Section 4
Foundation is established shall be—
(1)
For the purposes of enabling the Foundation to carry out its objects there is hereby established a Fund to be known as the Tun Fuad Foundation Fund.
(2)
The Fund shall vest in and be managed by a Board of Trustees which shall be a body corporate with perpetual succession and a common seal with the power to sue and be sued, to hold movable and immovable properties, to enter into or modify any contracts or agreement and subject as hereafter provided to convey, assign, surrender, mortgage, lease or otherwise dispose of movable and immovable properties vested in the Board upon such terms as it may think fit.
Powers of the Board to accept grant, donation etc.