Section 16

The Majlis shall have general powers on the Fund to-

(a} authorise and approve any project proposal of the Fund;

(bJ authorise and approve the withdrawal of money collection from the Fund for application under section 123B; and

(c} purchase any asset using the money of the Fund if the Majlis considers it is for the interest of the Fund.

For the purposes of these Rules, the Majlis may accept money contribution for the purposes of application under section 123B.

The Majlis may sell, convey, assign, surrender and produce, dispose of, charge or mortgage, lease, reassign, transfer or otherwise release, or deal with,

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BRUNEI DARUSSALAM GOVERNMENT GAZETTE any asset of the Fund, vested in the Majlis, if the Majlis considers it is for the interest of the Fund.