This legislation has been repealed. Do not cite it as law in force.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 21
The Fund shall be expended for the purpose of—
(a) granting loans under section 28;
(b) paying any expenses lawfully incurred by the Lembaga, including survey, legal and other fees and costs, and the remuneration of officers and servants appointed and employedby the Lembaga, includingsuperannuation wances, pensions or gratuities;
(c) payingany other expenses, costs or expenditure properly incurred or accepted by the Lembaga in the execution of its duties or in the discharge of its functions under section 4;
[Pt. IV, S. 21-23]
(d) purchasing or hiring plant, equipment, machinery, stores and any other materials, acquiring land and erecting buildings, and carrying out any other works and undertakings in the execution of its duties or in the discharge of its functions under section 4;
(e) repaying any moneys borrowed under this Act and the interest due thereon; and
(f) generally, paying any expenses for carrying into effect the provisions of this Act.
Malay text (authoritative)
Kumpulan Wang hendaklah dibelanjakan bagi maksud—
(a) memberi Pinjaman di bawah seksyen 28;
(b) membayar apa-apa belanja yang dilakukan dengan sah oleh Lembaga, termasuk fee dan kos ukur, guaman dan lain-lain fee dan kos, dan saraan bagi pegawai-pegawai dan pengkhidmat-pengkhidmat yang dilantik dan diambil kerja oleh Lembaga, termasuk elaun persaraan, pencen atau ganjaran;
(c) membayar apa-apa belanja kos atau perbelanjaan lain yang dilakukan atau dipersetujui dengan sepatutnya oleh Lembaga pada melaksanakan kewajipannya atau menjalankan fungsinya di bawah seksyen 4;
(d) membeli atau menyewa loji, alat kelengkapan, alat jentera, barang-barang dan apa-apa bahan lain, memperolehi tanah dan mendirikan bangunan-bangunan, dan menjalankan apaapa kerja dan usaha lain pada melaksanakan kewajipannya atau menjalankan fungsinya di bawah seksyen 4;
(e) membayar balik apa-apa wang yang dipinjan di bawah Akta ini dan bunga yang kena dı- bayar atasnya; dan (A amnya, membayar apa-apa belanja bagi melaksanakan peruntukan-peruntukan bagi Akta ini.
[Bah. IV-V, S. 22-24]
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).
