Regulation 1C

For the purposes of section 61(5) of the Act, the mutawalli of a wakaf or nazar am must submit to the Majlis a recommendation in writing on the percentage of the net annual income of the wakaf or nazar am that is to be transferred under section 61(4) of the Act to the sinking fund established and maintained under section 61(3) of the Act for that wakaf or nazar am.