Federal Territory (Planning) Act 1982 s 49
s 49 Commissioner may employ agents, enter into arrangements, and establish corporations
(1) For the purpose of developing a development area in the discharge of his duty under this part, the Commissioner may with the approval of the Minister appoint or employ agents, and enter into any arrangement for sharing profits, union of interests, co-operation, joint venture, or reciprocal concession with any person, company or body.
(2) The Commissioner may with the approval of the Minister establish a corporation by such name as the Commissioner thinks fit, to develop, carry out and have the charge, conduct and management of any project scheme or enterprise that has been planned or undertaken by the Commissioner in the discharge of his duty under this Part of developing a development area.
(3) Every order made under subsection (2) shall make provision in respect of—
(a) the purposes and objects for which the corporation is established;
(b) the constitution of the corporation;
(c) the duties, powers, and rights of the corporation;
(d) the system of management of the corporation;
(e) the financing of the corporation;
(f) the accounts to be kept by the corporation and the auditing thereof;
(g) the relations between the corporation and the Commissioner and his right of control over the corporation; and
(h) the common seal of the corporation.
Malay text (authoritative)
Datuk Bandar boleh menggaji ejen, membuat perkiraan dan menubuhkan perbadanan
(1) Bagi maksud memajukan sesuatu kawasan pembangunan pada menunaikan kewajipannya di bawah Bahagian ini, Datuk Bandar dengan kelulusan Menteri boleh melantik atau menggaji ejen, dan membuat perkiraan untuk bersama mendapat keuntungan, menyatukan kepentingan, bekerjasama, usaha niaga bersama, atau konsesi bersaling dengan mana-mana orang, syarikat atau badan.
(2) Datuk Bandar dengan kelulusan Menteri boleh menubuhkan suatu perbadanan dengan apa-apa nama yang difikirkan patut oleh Datuk Bandar, untuk memajukan, menjalankan dan mengawal, mengelola dan menguruskan sesuatu projek, skim atau perusahaan yang telah dirancang atau diusahakan oleh Datuk Bandar pada menunaikan kewajipannya di bawah Bahagian ini untuk memajukan sesuatu kawasan pembangunan.
(3) Tiap-tiap perintah yang dibuat di bawah subseksyen (2) hendaklah membuat peruntukan berkenaan dengan―
(a) maksud dan tujuan perbadanan itu ditubuhkan;
(b) keanggotaan perbadanan;
(c) kewajipan, kuasa, dan hak perbadanan itu;
(d) sistem pengurusan perbadanan;
(e) pembiayaan perbadanan;
(f) akaun yang hendak disimpan oleh perbadanan dan hal mengauditnya;
(g) hubungan antara perbadanan dengan Datuk Bandar dan hak kawalannya ke atas perbadanan; dan
(h) meterai perbadanan perbadanan.
Read this section in the full act → · Open Part IX →
Find Act 267 on lom.agc.gov.my ↗
Text as at 1 December 2011 (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).
