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In forceUpdated to 25 Jul 2014
Contents

Part III · Functions and Powers of the Yayasan

6. Powers of the Yayasan

(1)

The Yayasan shall have the power to do all things necessary or expedient for or in connection with the performance of its functions.

(2)

Without prejudice to the generality of subsection (1), the powers of the Yayasan shall include power—

(a)

to make investment in the company established by the

Yayasan for the purpose of generating the income of the

Yayasan and receiving of returns on investments from the company;

Yayasan Guru Tun Hussein Onn 11

(b)

to accept contribution given to the Yayasan in the form of token, donation, endowment, gift or bequest;

(c)

to enter into any negotiations, agreements or arrangements that the Yayasan thinks fit in performing its functions;

(d)

to grant loans, financing and scholarships to a teacher or the teacher’s child in accordance with the procedures as may be determined by the Yayasan;

(e)

to formulate and implement a human resource development programme or any activities that the Yayasan thinks necessary for the development and improvement of the teaching profession;

(f)

to allocate grants to any party to carry out research in enhancing the quality of the national education;

(g)

to co-operate with any society, corporate body or government agencies for the purpose of performing its functions;

(h)

to impose fees or charges for the services provided by the Yayasan;

(i)

to grant loans, scholarships and advances to its employees;

and

(j)

to do anything incidental to any of its functions and powers.

Report

Part IV

Board of Trustees

Part V

Employees of the Yayasan

Part VI

Finance

Part VII

General

Part VIII

Savings and Transitional

Schedules