The Fund shall be expended for the purpose of—
(a) granting loans under section 26;
(b) paying any expenditure lawfully incurred by the Lembaga, including survey and legal fees and costs and other fees and costs, and the remuneration of officers and servants appointed and employed by the Lembaga, including superannuation allowances, pensions or gratuities;
(c) paying any other expenses, costs or expenditure properly incurred or accepted by the Lembaga in the performance of its functions or the exercise of its powers under section 4;
(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 performance of its functions or the exercise of its powers 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)
Perbelanjaan yang hendaklah dipertanggungkan pada Kumpulan Wang
Kumpulan Wang hendaklah dibelanjakan bagi maksud—
(a) memberikan pinjaman di bawah seksyen 26;
(b) membayar apa-apa perbelanjaan yang dilakukan dengan sah oleh Lembaga, termasuk kos dan fi ukur dan guaman dan kos dan fi yang lain, dan saraan bagi pegawai dan pekhidmat 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 disetuju terima dengan sepatutnya oleh
Lembaga dalam melaksanakan fungsinya atau menjalankan kuasanya di bawah seksyen 4;
(d) membeli atau menyewa loji, kelengkapan, jentera, barang-barang simpanan dan apa-apa bahan lain, memperoleh tanah dan mendirikan bangunan, dan menjalankan apa-apa kerja dan usaha lain dalam melaksanakan fungsinya atau menjalankan kuasanya di bawah seksyen 4;
(e) membayar balik apa-apa wang yang dipinjam di bawah Akta ini dan bunga yang kena dibayar atasnya; dan
(f) pada amnya, membayar apa-apa perbelanjaan bagi melaksanakan peruntukan Akta ini.
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).
