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← Lembaga Kemajuan Wilayah Pulau Pinang Act 1983

Lembaga Kemajuan Wilayah Pulau Pinang Act 1983 s 33

Lembaga Kemajuan Wilayah Pulau Pinang Act 1983 s 33

s 33 Power to make regulations

(1) The Lembaga may, with the approval of the Minister, make such regulations as may be expedient or necessary for the better carrying out of the provisions of this Act. (2) Without prejudice to the generality of subsection (1), regulations under that subsection may be made for— (a) prescribing the manner in which documents, cheques and instruments of any description shall be signed or executed on behalf of the Lembaga; (b) prescribing for the responsibilities and control of officers and servants of the Lembaga; (c) imposing fees in such cases as may be determined by the Lembaga; (d) providing for such matters in connection with shares, stock, bonds, debentures or debenture stock issued under this Act as may appear necessary or expedient to the Lembaga, and, in particular, for regulating the method of issue, transfer, redemption or other dealing with such shares, stock, bonds, debentures or debenture stock; (e) prescribing the manner in which and the terms and conditions on which loans may be granted by the Lembaga under section 28; and (f) providing generally for the exercise of the powers and duties of the Lembaga under the provisions of this Act. (3) Such regulations— (a) may provide that any act or omission in contravention of any provision thereof shall be an offence; and (b) may provide for the imposition of penalties for such offences, which penalties shall not exceed one thousand ringgit.

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

Find Act 282 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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