Yayasan Guru Tun Hussein Onn Act 2014 · Updated to 25 Jul 2014 · Part VI · Finance
23. The Fund
Official textFrom Laws of Malaysia Online, unchanged
A fund to be known as the “Yayasan Guru Tun Hussein
Fund
“Fund” means the Yayasan Guru Tun Hussein Onn Fund established under section 23;
Onn Fund” is established and shall be administered and controlled by the Yayasan.
Yayasan
“Yayasan” means the Yayasan Guru Tun Hussein Onn established under section 3.
The Fund shall consist of—
all moneys transferred from the fund of the dissolved
Kumpulan Wang;
all or any part of the charges imposed by or payable to the Yayasan under this Act or any subsidiary legislation made under this Act;
all moneys derived as income from investments by the
Yayasan;
all moneys derived from the sale, disposal, lease or hire of or any other dealing with any property, mortgages, charges or debentures vested in or acquired by the
Yayasan;
all moneys and property which may in any manner become payable to or vested in the Yayasan in respect of any matter incidental to its functions and powers;
any costs paid to, or recovered by, the Yayasan pursuant to any act or proceedings, civil or criminal;
all moneys borrowed by the Yayasan for the purposes of this Act;
all moneys earned from any services provided by the
Yayasan; and
all other moneys lawfully received by the Yayasan.
Yayasan Guru Tun Hussein Onn 21
Terms defined in s 2
Fund
Defined · s 2“Fund” means the Yayasan Guru Tun Hussein Onn Fund established under section 23;
the dissolved Kumpulan Wang
Defined · s 2“the dissolved Kumpulan Wang” means the Kumpulan Wang Simpanan Guru which was established under the repealed Education Act 1961;
Yayasan
Defined · s 2“Yayasan” means the Yayasan Guru Tun Hussein Onn established under section 3.
Part VII
General
Part VIII