Powers of the Board to accept grants, donations, etc.
s 4
The Board shall have power at its discretion to accept any grants, donations, endowments, gifts or bequests made to or in favour of the Foundation.
Tun Razak Foundation Act 1976 Part III — The board
Members of the Board
s 5
(1) The Board shall consist of the following members— (a) a Chairman who shall be appointed by the Yang di-Pertuan Agong; (b) a representative of the Treasury; and (c) not more than eighteen other members to be appointed by the Minister after consultation with the Chairman. (2) The Chairman and the members of the Board referred to in paragraph (1)(c) shall be appointed for a period of four years and shall be eligible for reappointment. (3) The Chairman shall preside at all meetings of the Board and in his absence from any meeting, such other member as may be elected by the members present shall preside as Chairman. (4) The Board shall meet at such places and times as the Chairman may appoint and at any meeting of the Board eight members shall form a quorum. (5) The Chairman shall have a casting vote. (6) Subject to this Act, the Board shall have power to determine its own procedure.
Disqualification of members
s 6
A member of the Board shall be disqualified from holding office as such member if he— (a) becomes a bankrupt; (b) is sentenced to a term of imprisonment; or (c) commits any breach of trust or any dereliction of his duty as such member which in the opinion of the appointing authority warrants his removal.
Removal from office
s 7
(1) The Minister may at any time remove from office any member of the Board appointed under paragraph 5(1)(c) and appoint another in his place after consultation with the Chairman. (2) Without prejudice to the power of removal under subsection (1), the Minister after consultation with the Chairman may remove from office any member of the Board appointed under paragraph 5(1)(c) who by reason of ill-health or prolonged absence from Malaysia is in the opinion of the Minister rendered incapable of properly performing his duties as a member of the Board.
Back to Tun Razak Foundation Act 1976 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
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