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← Farmers' Organization Authority Act 1973

Farmers' Organization Authority Act 1973 s 19

Farmers' Organization Authority Act 1973 s 19

s 19 Establishment of the Fund

(1) For the purposes of this Act there is hereby established a fund to be administered and controlled by the Authority. (2) The Fund shall consist of— (a) such sums as may be provided from time to time for those purposes by Parliament or the Legislative Assembly of any State; (b) such sums as may be allocated from time to time to the Authority from loan funds; (c) moneys earned by the operation of any project, scheme or enterprise financed from the Fund; (d) moneys earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Authority; (e) any property, investments, mortgages, charges or debentures acquired by or vested in the Authority; (f) sums borrowed by the Authority for the purpose of meeting any of its obligations or discharging any of its duties; and (g) all other sums or property which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its powers and duties. (3) In this section the expression “loan funds” means such sums as may be made available from time to time to the Government of the Federation or of any State, by way of loan.

Read this section in the full act → · Open Part IV →

Find Act 110 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

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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