/akn/my/act/amendment_act/2025/A1765

AKTA KUMPULAN WANG YAYASAN TUNKU ABDUL RAHMAN (PINDAAN) 2025

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Tunku Abdul Rahman Foundation Fund (Amendment)

1 LAWS OF MALAYSIA TUNKU ABDUL RAHMAN FOUNDATION FUND (AMENDMENT) ACT 2025 Laws of Malaysia 2 Date of Royal Assent ... ... 27 May 2025 Date of publication in the ... ... 6 June 2025 Gazette Publisher’s Copyright C PERCETAKAN NASIONAL MALAYSIA BERHAD All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means electronic, mechanical, photocopying, recording and/or otherwise without the prior permission of Percetakan Nasional Malaysia Berhad (Appointed Printer to the Government of Malaysia). Tunku Abdul Rahman Foundation Fund (Amendment)

Preamble
Preamble

An Act to amend the Tunku Abdul Rahman Foundation Fund Act 1966. [ ] ENACTED by the Parliament of Malaysia as follows: Short title and commencement

Section 1

This Act may be cited as the Tunku Abdul Rahman

Foundation Fund (Amendment) Act 2025.

Subsection
Subsection

(2) This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette. Amendment of section 2

Section 2

The Tunku Abdul Rahman Foundation Fund Act 1966

[Act 389], which is referred to as the “principal Act” in this Act, is amended in section 2 by substituting for the definition of “Minister” the following definition:   ‘ “Minister” means the Minister charged with the responsibility for the Tunku Abdul Rahman Foundation Fund.’. LAWS OF MALAYSIA TUNKU ABDUL RAHMAN FOUNDATION FUND (AMENDMENT) ACT 2025 Laws of Malaysia 4 Amendment of section 5

Section 3

Section 5 of the principal Act is amended—

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(a) in subsection (1)—

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(i) in paragraph (a), by inserting after the words “Yang di-Pertuan Agong” the words “, on the advice of the Minister”;

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(ii) in paragraph (b), by substituting for the words “Ministry of Higher Education” the words “Ministry charged with the responsibility for the Fund”; and

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(iii) in paragraph (d), by inserting after the word “Minister” the words “after consultation with the Chairman”;

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(b) by inserting after subsection (1) the following subsection:   “(1a)  The Chairman and members of the Board under paragraph (1)(d) shall be from amongst persons of standing, achievement and experience in the charity or human capital development field or from amongst professionals who possess relevant experience in educational, financial or commercial matters.”;

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(c) in subsection (2), by substituting for the words “three years” the words “four years”; and

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(d) by substituting for subsection (3) the following subsection:   “(3)  The Chairman shall preside at all meetings of the Board and in his absence from any meeting, such other member of the Board as may be elected by the members of the Board who are present shall preside as Chairman and have all the powers of the Chairman.”. Tunku Abdul Rahman Foundation Fund (Amendment) 5 New section 7a

Section 4

The principal Act is amended in Part IV, by inserting before section 8 the following sectio...

“Objects of the Fund 7a.  The objects for which monies of the Fund may be applied are as follows:

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(a) to perpetuate the good name, legacy and aspirations of Yang Teramat Mulia Tunku Abdul Rahman Putra Al-Haj;

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(b) to uplift and empower individuals from underprivileged backgrounds to access and pursue higher education;

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(c) to strengthen Malaysia’s human capital in order to serve and contribute to the development and the progress of the nation; and

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(d) to promote national unity and to spread the principles of the Rukun Negara.”. Amendment of section 8

Section 5

Section 8 of the principal Act is amended—

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(a) in the shoulder note, by deleting the words “and object of the Fund”;

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(b) in subsection (2)—

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(i) in paragraph (a), by deleting the word “and” at the end of the paragraph;

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(ii) in paragraph (b), by substituting for the full stop the words “; and”; and Laws of Malaysia 6

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(iii) by inserting after paragraph (b) the following paragraph: “(c) to provide any other form of assistance or equipment for any programmes or schemes as the Board may determine from time to time on condition that such assistance or equipment for the programmes or schemes shall achieve the objects of the Fund as provided under section 7a.”; and

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(c) in subsection (3)—

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(i) by substituting for the words “Paragraph (2)(a)” the words “Paragraphs (2)(a) and (c)”; and

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(ii) by substituting for the words “or any other award or financial assistance” the words “, any other award or financial assistance or any other form of assistance or equipment for any programmes or schemes”. Amendment of section 9

Section 6

Section 9 of the principal Act is amended—

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(a) in the shoulder note, by deleting the word “study”; and

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(b) by substituting for subsection (1) the following subsection:   “(1)  Every recipient of a studentship, scholarship, study grant, study loan, any other award or financial assistance or any other form of assistance or equipment for any programmes or schemes, as the case may be, provided or awarded under this Act, shall become and during his tenure thereof shall remain—

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(a) a student at the place of education approved by the Board and shall pursue his studies at such place of education to the satisfaction of the Board; and Tunku Abdul Rahman Foundation Fund (Amendment)

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(b) a participant in any programmes or schemes as approved by the Board and shall comply with the terms and conditions imposed by the Board.”. Amendment of section 11

Section 7

Section 11 of the principal Act is amended by inserting after the words “his studies” the w...

Amendment of section 13

Section 8

Subsection 13(2) of the principal Act is amended by substituting for the words “10 per cent...

Saving

Section 9

The members of the Board appointed before the date of coming into operation of this Act sha...

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