Page 11 - PNMB : Act 718

10 Laws of Malaysia ACT 718

(e) to further promote the culture of innovation in the public,
private and education sectors in Malaysia;

(f) to advise the Government in matters relating to
innovation;

(g) to make recommendations relating to the innovation
component of existing or future strategic national
projects;
(h) to carry out any other functions as it deems fit to enable it
to perform its functions effectively or which is incidental
to the performance of its functions.

Powers of the Agency

6. (1) The Agency shall have the power to do all things expedient
or reasonably necessary for or incidental to the performance of
its functions.

(2) Without prejudice to the generality of subsection (1), the
powers of the Agency shall include the power—

(a) to carry on all activities, particularly activities which are
commercial in nature, which appear to it to be requisite,
advantageous or convenient for or in connection with
the performance of its functions;

(b) subject to any written law, to call for information on
matters relating to innovation in furtherance of the
performance of its functions; and

(c) subject to subsection (3), to impose fees or charges for
any service rendered in the exercise of its powers and
the performance of its functions.

(3) Any fees or charges to be imposed shall be prescribed in
the regulations made under section 41.

Governance Council

7. (1) The Agency shall be administered by a council to be known
as the “Governance Council”.

(2) The Council shall consist of the following members:
(a) the Prime Minister as the Chairman;