Establishment of the Fund
(1) For the purposes of this Act a fund called the Malaysian Health Promotion Fund which shall be administered and controlled by the Board is established.
(2) The Fund shall consist of—
(a) such sums as may be allocated annually by the Government for the purposes of this Act;
(b) all moneys earned or arising from any property, charges or interest acquired by or vested in the Board;
(c) all grants, donations, gifts, contributions, bequests or any other sums received by the Board from any sources except
from those involved or related to tobacco, tobacco products or intoxicating liquor manufacturers, wholesalers, retailers or their agents; and
(d) all other moneys lawfully received by the Board under this Act.
Expenditure to be charged on the Fund
(1) The Fund shall be expended for the purpose of—
(a) carrying out, subject to such terms and conditions as may be approved by the Minister, health promotion programmes and activities;
(b) providing grants or any other financial assistance to sport, recreational, cultural and other health related and relevant registered societies for the purpose of health promotion;
(c) paying any expenditure lawfully incurred by the Board, including any fees and cost, remuneration of the officers and servants employed by the Board including the granting of loans, retirement benefits, gratuities and allowances of any member of the Board or any committee established under this Act;
(d) paying any other expenses, costs or expenditures of acquiring, purchasing or leasing of land and erecting any building or facility for its own use; and
(e) generally paying any other expenses incidental to the management of the Fund and the functions of the Board.
(2) The proportion of the fund to be disbursed annually to the different sectors shall be determined by the Board as follows:
(a) amounts being not less than fifty percent of the total amount disbursed in any one year to be disbursed to health organizations for health promotion programmes and activities;
(b) amounts being not more than thirty percent of the total amount disbursed in any one year to be disbursed to sporting and recreational organizations for health promotion programmes and activities; and
(c) amounts being not more than ten percent of the total amount disbursed in any one year to be disbursed to
cultural organizations for health promotion programmes and activities.
Reserve Fund
(1) The Board shall establish and manage a Reserve Fund within the Fund in accordance with such terms and conditions as the Minister may determine.
(2) The Reserve Fund shall only be used for the purpose of meeting contingencies in relation to the functions of the Board.
Preparation of budget
The Board shall, in each calendar year, frame a budget showing the estimate income and expenses which it proposes to incur during the following year and shall submit a copy of the budget for the approval of the Minister before such date as may be fixed by the Minister and such budget shall contain provisions adequate in the opinion of the Board for the discharge of the liabilities incurred by the Board and for the maintenance of a working balance.
Accounts and reports
(1) The Board shall cause to be kept proper accounts of the Fund and proper reports of its activities.
(2) As soon as practicable after the end of each financial year, the Board shall cause to be prepared for the financial year a statement of accounts of the Board which shall include a balance sheet and an account of income and expenditure and a statement of its activities.
(3) The Statutory Bodies (Accounts and Annual Reports) Act 1980 [Act 240] shall apply to the Board.
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).