18Functions of Foundation

18 Functions of Foundation

The following are the functions of the Foundation—

(a) to promote its objects;

(b) to make grants from the Fund for activities, facilities, projects or research programs in furtherance of the objects of the Foundation;

(c) to provide sponsorships for sporting or cultural activities;

(d) to keep statistics and other records relating to the achievement of the objects of the Foundation;

(e) to provide advice to the Minister on matters related to its objects referred by the Minister to the Foundation and generally in relation to the achievement of its objects;

(f) to make loans or otherwise provide financial accommodation for activities, facilities, projects or research programs in furtherance of the objects of the Foundation;

S. 18(g) amended by No. 43/2000 s. 22(1)(b).

(g) to consult regularly with relevant Government Departments and agencies and to liaise with persons and organisations affected by the operation of this Act;

(h) to perform such other functions as are conferred on the Foundation by this or any other Act.