The Institute and its powers
(1) There shall be established a body corporate by the name of “Malaysian Institute of Chemistry” which shall have perpetual succession and a common seal and which may, subject to this Act, sue and be sued in its corporate name, enter into contracts, acquire, purchase, take, hold and enjoy movable and immovable property or any rights therein, and convey, assign, surrender, charge, mortgage, reassign, transfer, dispose of, or otherwise deal therewith.
(2) Without prejudice to the generality of subsection (1), the Institute may do all things necessary for the purpose of the Institute and in particular may, subject to subsection (3)—
(a) purchase or lease any lands required for the purposes of the Institute;
(b) take up and subscribe for or otherwise acquire stocks and shares in any company, if membership of the company is essential or advantageous to the Institute for the purpose of acquiring and holding any lease or tenancy from the company of land required for the purposes of the Institute;
(c) except in the case of leases from month to month, sell, surrender, lease, exchange, or mortgage any land or building vested in it, in such manner as it finds most convenient or advantageous;
(d) borrow money whether by way of bank overdraft or otherwise for such of the purposes of the Institute as the Council from time to time considers desirable;
(e) guarantee any contract with any company from which the Institute holds or intends to hold any lease or tenancy in accordance with paragraph (b) and any other contract in which the Institute may have a financial interest and to which it may lawfully be a party under this section; and
(f) receive gifts, donations and bequests from individuals, companies, foundations or other sources.
(3) The exercise of the powers under paragraphs (2)(a), (b), (c),
(d) and (e) shall be with the approval of the Minister.
Composition of the Institute
The Institute shall consist of the persons for the time being registered as members thereof under this Act.
Office of the Institute
The Institute shall at all times keep and maintain an office, and the address of the office and any change thereof shall be published by the Registrar in the Gazette.
Fund of the Institute
The Institute shall establish and administer a fund into which shall be paid and from which shall be defrayed all sums received
and all expenditure properly incurred by the Institute in the exercise of its functions under this Act.
Functions of the Institute
The functions of the Institute shall be—
(a) to determine the qualifications of persons for admission as members;
(b) to provide for the training, education and examination by the Institute or any other body, of persons intending to be members and of members practising or intending to practise the profession of chemistry in Malaysia;
(c) to regulate the practice, by members, of the profession of chemistry in Malaysia;
(d) to promote the interests of the profession of chemistry in Malaysia; and
(e) to render such pecuniary or other assistance to members or their dependants as it thinks fit with a view to protecting or promoting the welfare of members.
Rules of the Institute
(1) Subject to subsection (2), the Institute may at any general meeting make such rules as may be necessary or expedient for giving effect to the provisions of this Act and for the due administration thereof and such rules may provide for any of the following matters:
(a) the regulation of the practice, by members, of the profession of chemistry in Malaysia;
(b) the admission of members, the fees payable on admission, and the manner in which membership shall cease;
(c) the qualifications of persons for admission as members;
(d) the training, education or examination of persons for admission as members and the fees payable therefor;
(e) the practical experience required for admission as members and the authority of the Council or any Committee to approve places of employment in which such practical experience may be obtained;
(f) the classification from time to time of members;
(g) the election, appointment, resignation and removal of members of the Council;
(h) the election, appointment, resignation and removal of the President and the Vice-President of the Institute and the Secretary of the Council;
(i) the holding of meetings of the Council and of the members;
(j) the manner of voting at any meeting of the Council or of the members;
(k) the procedure of the Investigation Committee and the Disciplinary Committee and the procedure relating to any complaint to any such Committee;
(l) the publication in the Gazette, newspapers and elsewhere of the proceedings and findings of the Disciplinary Committee;
(m) the use and custody of the common seal of the Institute;
(n) the custody, investment and expenditure of the fund and property of the Institute;
(o) the regulation and administration of the Institute in all matters within its powers; and
(p) such other matters as are required to be prescribed under this Act.
(2) All rules made under subsection (1) shall be subject to the approval of the Minister and shall, if approved by the Minister, be published in the Gazette.
