(3)Where any donation, being money, shares or property, is transferred to a political party or an election candidate, for a consideration that is less than the value of the money or market value of the property, the value of the donation is taken to be the difference between— (a) the value of the money, or the market value of the property, in question; and (b) the consideration provided by or on b. [...] (3)The Committee shall consist of not less than 6 and not more than 12 members of the House of Representatives appointed by a resolution of the House, and the composition of the Committee shall reflect the balance between the parties in the House , none of whom shall be a member of the administration. [...] (10) In exercising its functions pursuant to this Act - (a) The Commission shall appoint a suitably qualified and experienced person as the CEO of the Fund; (b) The Commission may appoint other officers to aid the members of the Commission; and (c) The Commission may establish separate units within the Commission to exercise the powers conferred on, perform the functions granted to and the duties. [...] A donation report must state the following information about the donor of each recordable donation pursuant to the Act: a) in the case of an individual, the report shall state his or her full name, identity card number and the address of his or her residence at the date of receipt of the donation; b) in relation to a donation in the form of a bequest, the report shall state the deceased donor’s fu. [...] Clause 50 provides for the division of the sum of the allocation under Clause 46 into one half of the sum for the distribution based on the political party’s vote gained in the Parliamentary election and the other half of the sum distributed based on the political party’s vote gained in the State elections.
- Pages
- 30
- Published in
- Malaysia
