Universiti Teknologi Mara Act 1976 · Updated to 1 Nov 2021 · Part VII · Transitional
41. Transfer of fund
Feedback & supportAll moneys standing in, or due to be paid to, the Fund of MARA established under section 13 of the Majlis Amanah
Fund
“Fund” means the Universiti Teknologi MARA Fund established under section 24;
Rakyat Act 1966, in respect of ITM, shall on the appointed date be vested in the Universiti established by this Act and transferred to the Fund.
ITM
“ITM” means the Institut Teknologi MARA established by MARA and existing immediately before the appointed date;
All moneys belonging to or due to ITM immediately before the appointed date shall, on that date, be vested in the Universiti established by this Act and transferred to the Fund.
appointed date
“appointed date” means the date appointed by the Minister under subsection 1(2);