← Social and Welfare Services Lottéries Board Act 1950-1962

Social and Welfare Services Lottéries Board Act 1950-1962 s 10

This legislation has been repealed. Do not cite it as law in force.

Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.

s 10

(1) All sums raised by any lottery, the prospectus of which was issued under this Act shall, subject to the following deductions, that is to say— (a) the amount paid out of the said lottery as prizes; (b) the payment of duties under section 20; (c) all costs, charges and expenses incurred by the Board in the promotion and administration of the said lottery; (d) any sum paid into the Reserve Fund established under section 13; (e) such amounts in respect of the general administrative or other expenses incurred by the Board in carrying out its functions under thinisct, as, subject to the approval of the Minister Finance, it may think reasonable; and (f) any sums paid into the building or loan funds established under section 14, be paid into and form part of the Consolidated Fund. (2) There shall in each year be made, out of moneys appropriated by Parliament, payments, tor the purposes hereinatter specified, of aggregate amounts equalling, taking one year with another, the amounts paid into the Consolidated Fund under subsection (1). (3) It the Board is dissolved, the balance of the Reserve Fund, after payment of all liabilities of the Board, shall be paid into and form part ot the Consolidated Fund and subsection (2) shall apply to amounts paid into the Consolidated Fund under this subsection as they apply to amounts paid into that Fund under subsection (1). (4) The payments made under subsection (2) may be made for the purposes of giving ald to any publlc philanthropic, charitable, religious or educational organisation, institution or body or of carrying out any philanthropic, charitable, religious or educational scheme or project or any work beneficial to the public, or for the improvement of the social condition, or for the advancement of the welfare, of the public or any class thereof. [Act 21/62, s. 5.] SOCIAL AND WELFARE SERVICES LOTTERIES BOARD [S. 11-13] Il. (I) Ihe Board shall keep or cause to be kept books General which shall contain true and regular accounts of all orthunts thce sad books snal at ail reasonabe himes oe oaed ae. o inspection by any member of the Board and by the lct21|62.] uditor appointed by the Minister of Finance and by any other person authorized by the Minister of Finance to inspect the same. [Act 21/62, S. O.l (2) Ihe accounts of the Board shall be audited at least once in every year by an auditor appointed in that behalf by the Minister of Finance and a copy of such accounts so audited shall be submitted by the Board to the Minister of Finance who shall cause the same to be published in the Gazette.

Malay text (authoritative)

(1) Segala wang yang didapati melalui sesuatu Ioi hendaspro ferkaksuk dipedaa potoni bapato agaa (a) amaun yang dibayar sebagai hadiah daripada loteri itu; (b) bayaran duti di bawah seksyen 20; (c) segala kos, caj dan perbelaniaan yang ditanggung oleh Lembaga dalam menganjur dan mentadbirkan loteri itu; (d) apa-apa jumlah wang yang dibayar masuk ke dalam Kumpulan Wang Rizab yang ditubuhkan di bawah seksyen 13; (e) apa-apa amaun untuk perbelanjaan grniatankan tngi ongeiny l baa At yang ditanggung ini, sebagaimana, tertakluk kepada kelulusan Menteri Kewangan, yang difikirkannya munasabah; dan () apa-apa jumlah wang yang dıbayar masuk ke dalam kumpulan rang bangunan ata umpulan wang pinjaman yang ditubuhkan c bawah seksyen 14, dibayar masuk ke dalam dan menjadi sebahagian daripada Kumpulan Wang Disatukan. (2) Maka pada tiap-tiap tahun hendaklah dibuat, daripada wang yang diuntukkan oleh Parlimen, bayaran, bagi maksud yang dinyatakan kemudian darı in1, yang amaun agregatnya sama banyak, nembandingkan satu tahun dengan satu tahun yang lain, dengan amaun yang dibayar masuk ke dalan Kumpulan Wang Disatukan di bawah subseksyen (1). [S. 10-11] (3) Jika Lembaga dibubarkan, baki Kumpulan Wang Rizab itu, selepas semua liabiliti Lembaga dibayar, hendaklah dibayar masuk ke dalam dan menjadi subseksyen (2) hendaklah terpakai bagi amaun yang dibayar masuk ke dalam Kumpulan Wang Dısatukan a awah seksyen ini sebagaimana ianya terpakai bag amaun yang dibayar masuk ke dalam Kumpulan Wang itu di bawah subseksyen (1). (4) Bayaran yang dibuat di bawah subseksyen (2) boleh dibuat bagi maksud memberi bantuan kepada mana-mana organisasi, institusi atau badan awam, dermawan, khairat, agama atau pendidikan atau menjalankan apa-apa skim atau projek dermawan, khairat, agama atau pendidikan atau apa-apa kerja yang berfaedah pada awam, atau bagi membaiki keadaan sosial, atau bagi memajukan kebajikan awam atau mana-mana kumpulannya. [Akta 21/62, s. S.]

Read this section in the full act →

Find Act 252 on lom.agc.gov.my ↗

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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