News

Government Amends National Trust Fund Act

KUALA LUMPUR, April 21  — The government has approved amendments to the National Trust Fund (KWAN) Act 1988 (Act 339), which allows funds from KWAN to be used for the procurement of vaccines and any expenditure incurred in relation to the vaccines.

This is based on the Emergency (National Trust Fund) (Amendment) Ordinance 2021, which comes into operation today, through the Federal Government Gazette published by the Attorney General’s Chambers today.

The ordinance, amended in Section 6, was promulgated by the Yang di-Pertuan Agong, Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, on April 14 pursuant to Clause (2B) of Article 150 of the Federal Constitution.

The Yang di-Pertuan Agong is satisfied that immediate action is required to amend the National Trust Fund Act 1988.

The new subsection states that “the procurement of vaccines and any expenditure incurred in relation to the vaccines for an epidemic of any infectious disease as specified under the Prevention and Control of Infectious Diseases Act 1988 (Act 342)”.

On Jan 12, Istana Negara, in a statement, announced that the Yang di-Pertuan Agong consented to the Proclamation of Emergency to be implemented nationwide until Aug 1, as a proactive measure to curb the spread of COVID-19 in the country.

Sources: BERNAMA

Adib Mohd

Recent Posts

‘Pemuja Syaitan’ Official Trailer Is Here!

SECRETS OF A TIME CAPSULE, WHISPERS OF DARKNESS ON A REMOTE ISLAND A mystery long… Read More

1 day ago

Ever Wondered What 100% Australian Milk Really Means?

“100% Australian Milk.” “Fresh Milk”. “Made in Australia”.  These are familiar words on milk cartons,… Read More

1 day ago

Google’s AI Educator Series Is Coming to Malaysia

At Bett Asia 2026 in Kuala Lumpur, Google launched the Google AI Educator Series (GES)… Read More

1 day ago

voco Kuching Strengthens Sarawak’s Business Events Offering

Bringing together more than 2,400 square metres of meeting and event space, 321 guestrooms and… Read More

1 day ago

Eco-Shop Marks 23 Years Of Growing With Malaysians Through Its 23rd Anniversary Campaign

Eco-Shop, Malaysia’s No.1 fixed-price everyday essentials store, is marking its 23rd anniversary with a nationwide… Read More

2 days ago

Samsung Introduces Galaxy Tab S12 Series: The Ultimate Productivity Powerhouse Built for Growth

Samsung’s Galaxy Tab S12 Series puts AI, performance and creativity on a bigger screen. Samsung… Read More

2 days ago

This website uses cookies.