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← Lembaga Padi dan Beras Negara Act 1971

Lembaga Padi dan Beras Negara Act 1971 s 12

Lembaga Padi dan Beras Negara Act 1971 s 12

This legislation has been repealed. Do not cite it as law in force.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 12

For the purpose of this Act, there is hereby established a fund (hereinafter referred to as the "Fund") to be administered and controlled by the Lembaga- (a) into which shall be paid : i) such sums as may be provided trom time to time by Parliament (ii) such sums as may from time to time be porrowed by the Lembaga for the purpose of meeting any of its obligations or dischargin any of its duties; (iil) all monies earned by the operation of any project, scheme or enterprisé financed from the Fund; (iv) all monies earned or arising from any property, investment, mortgage, charges or debentures , acquired by or vested in the Lembaga; and (v) fees, charges or other sums or property which may in any manner become payable to, or ¿incidental to its powers and duties; (b) out of which shall be defrayed— (i) all expenditure (including capital expenditure) incurred by the Lembaga in carrying out its functions; and (ii) monies for the repayment of any loan made to the Lembaga pursuant to its power to borrow. A1E47 →IDA.--- Borrowing

Malay text (authoritative)

Kumpulanwang Lembaga.

Read this section in the full act →

Find Act 47 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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