Page 34 - Microsoft Word - Notice 7th Committee Meeting _ draft _2_.doc

PART IV

ADMINISTRATION OF THE FUND

Cost of Managing 7. (1) All reasonable expenses incidental to the management and
the Fund administration of the Fund shall be defrayed from the monies of the Fund
in priority to any other payments.

(2) The balance of the fund after defraying the expenses shall be utilised
for the purpose of providing nor awarding such number of scholarships,
study grants or study loans, bursaries, prizes or any other awards as the
Board may from time to time determine to be provided or awarded to

students and former students to pursue such course or courses as the
Board may think proper.

(3) The above provision shall apply to any student and former student
who by virtue of his/her circumstances or other reasons require in the

opinion of the Board to be provided with or assisted by a scholarship,
study grant or study loan, bursary, prize or any other award. In this
context the term “former student” shall mean any person who has been
and during his/her tenure thereof shall have remained a student of any
government school in Malaysia and shall have pursued his/her studies

thereat to the satisfaction of the Board.

8. (1) Every recipient of a scholarship, study grant, study loan or any other
award provided or awarded under the Fund shall become and during

his/her tenure thereof shall remain a student of any learning institution
in Malaysia and shall pursue his/her studies thereat to the satisfaction
of the Board.

(2) Every recipient of a scholarship, study grant, study loan or any

other award provided or awarded under the Fund shall become and
during his/her tenure thereof shall remain a student of the institution
offering tertiary education or higher learning and shall pursue his/her
studies thereat to the satisfaction of the Board.

(3) If any recipient of any award made under the Fund fails to satisfy the
provisions of the objects of the Fund or commits a breach of any of
the conditions laid down by the Board or in any way whatsoever
misconducts himself/herself he/she may thereupon be deprived of
such award.