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← Malaysian Communications and Multimedia Commission Act 1998

Malaysian Communications and Multimedia Commission Act 1998 s 39

Malaysian Communications and Multimedia Commission Act 1998 s 39

s 39 Expenditure to be charged on Fund

(1) The Fund shall be expended for the following purposes: (a) paying any expenditure lawfully incurred by the Commission; (b) paying for the remuneration, allowances and other expenses of the members of the Commission, members of committees, and employees of the Commission, including loans and advances, superannuation allowances, retirement benefits, pensions and gratuities; (c) paying any expenses, costs or expenditure in relation to the procurement of goods or services, including but not limited to the engagement of consultants, legal fees and costs and other fees and costs, properly incurred or accepted by the Commission in the performance of its functions and the exercise of its powers under the communications and multimedia laws; (d) purchasing or hiring equipment, machinery and any other material, acquiring land and any assets, and erecting buildings, and carrying out any other works and undertakings in the performance of its functions and the exercise of its powers under the communications and multimedia laws; (e) repaying any moneys borrowed under section 43 and the interest due thereon; (f) granting loans and advances to its employees under section 24; and (g) generally, paying any expenses for carrying into effect the provisions of the communications and multimedia laws. (2) Notwithstanding subsection (1), the Fund may be expended for the purpose of— (a) implementing any projects to be identified by the Minister to increase the access to network services or applications services or both by the community; and (b) contributing to any account or fund established by the Government for purposes which are consistent with the objects and objectives set out in section 3 of the Communications and Multimedia Act 1998.

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

Find Act 589 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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