Muda Agricultural Development Authority Act 1972 s 17
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 17 Establishment of the Fund
(1) For the purposes of this Act there is established a fund to be administered and controlled by the Authority.
(2) The Fund shall consist of—
(a) such sums as may be provided from time to time for those purposes by Parliament or the Legislative Assembly of the States of Kedah and Perlis;
(b) such sums as may be allocated from time to time to the Authority from loan funds;
(c) moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(d) moneys earned or arising from any property, investments, mortgages, charges or debentures acquired by or vested in the Authority;
(e) any property, investment, mortgages, charges or debentures acquired by or vested in the Authority;
(f) sums borrowed by the Authority for the purpose of meeting any of its obligations or discharging any of its duties; and
(g) all other sums or property which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its powers and duties.
(3) In this section the expression “loan funds” means such sums as may be made available from time to time to the Government of the Federation by way of loan.
Malay text (authoritative)
Penubuhan Kumpulan Wang
(1) Bagi maksud Akta ini, ditubuhkan suatu kumpulan wang yang ditadbirkan dan dikawal oleh Lembaga.
(2) Kumpulan Wang hendaklah terdiri daripada—
(a) apa-apa jumlah wang yang diperuntukkan dari semasa ce semasa bagi maksud itu oleh Parlimen atau Dewa Jndangan Negeri bagi Negeri Kedah dan Neger Perlis;
(B) apaasa kopah WLom baga daipeda kuhapi sam a kg oinjaman;
(c) wang yang didapati daripada menjalankan apa-apa roJek, skın atau perusahaan yang dibiayai daripa umpulan Wane
(e)
(0) apbeepu yana jpeltbuta oendi da gang adian ak pada Lembaga; ( jumlah wang yang dipinjam oleh Lembaga bagi maksud menjelaskan mana-mana daripada obligasinya atau menjalankan mana-mana daripada kewajipannya; segala jumlah wang atau harta lain yang boleh dengan apa-apa cara kena dibayar kepada, atau terletak hak pada, Lembaga berkenaan dengan apa-apa perkara bersampingan dengan kuasa dan kewajipannya
(3) Dalam seksyen ini ungkapan "kumpulan wang pinjaman" ertinya apa-apa wang yang dapat diadakan dari semasa ke semasa bagı Kerajaan Persekutuan sebagai pinjaman. Pengimbangan akaun hasil
Read this section in the full act → · Open Part III →
Find Act 70 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).
