Muda Agricultural Development Act, 1972 (No. 70) Country/Territory Malaysia Document type Legislation Date 1972 Source FAO, FAOLEX Long titleAn Act to incorporate the Muda Agricultural Development Authority and to provide for matters connected therewith. Subject Agricultural & rural development Keyword Agricultural development Institution Special fund Geographical area Asia, Asia and the Pacific, East Asian Seas, South-Eastern Asia Entry into force notes This Act came into force on 31 March 1972. Abstract These provisions have been enacted in order to set up the Muda Agricultural Development Authority, to be engaged in the promotion of agricultural development in Malaysia. The Act is divided into the following Parts: (I) Preliminary; (II) The Authority; (III) Chairman, Deputy Chairman, Officers and Servants of the Authority; (IV) Finance; (V) Other Powers of the Authority; (VI) General. Two schedules are attached too. With a view to financing the setting up of the Authority and the carrying out of related activities, Section 17 provides for the establishment of the Fund to be administered and controlled by the Authority itself. A Reserve Fund shall be created as well, in accordance with Section 19. Section 29 refers to the compulsory acquisition of land for the purposes of this Act, notwithstanding that a compensation shall be paid by the Authority. Full text English