Pioneer Generation and Merdeka Generation Funds Act 2014 · 2020 Revised Edition · Part 2 · Pioneer Generation Fund and Merdeka Generation Fund
7. Withdrawals
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Moneys cannot be withdrawn from the Pioneer Generation Fund or the Merdeka Generation Fund unless they are charged upon that Fund or are authorised to be withdrawn or transferred under this Act.
Pioneer
“Pioneer” includes an individual who is determined under section 13 to be a Pioneer;
Despite section 13 of the Financial Procedure Act 1966, payment is to be made out of either of the Funds only if the payment is approved by the Minister or an accounting officer authorised, in writing, by the Minister.
Funds
“Funds” means the Pioneer Generation Fund and the Merdeka Generation Fund established by section 4;