Malaysian Industrial Development Authority (Incorporation) Act 1965

Akta Lembaga Kemajuan Perindustrian Malaysia (Pemerbadanan) 1965

Provides for the establishment and incorporation of the Malaysian Investment Development Authority and provides for the administration, functions and powers of the Authority.

Read the copy — PDF, 22 pages

Copy of the official text captured from the Laws of Malaysia portal (AGC) on 26 October 2026. Always check the official portal for the authoritative current version. Amendments made after the official “last updated” date are published separately as amending Acts (Act A…) on the portal.

Number	Act 397
Type	Federal Act
Applies to	Federal
Subject	Professions & industry regulation
Year	1965
Official “last updated”	1 January 2014
Published by	Attorney General's Chambers — Laws of Malaysia portal (lom.agc.gov.my)
Text as at	1 October 2014
First enacted	1965 (Act No. 13 of 1965)
Revised	1989 (Act 397 w.e.f 16 November 1989)

Long title

An Act to provide for the establishment and incorporation of the Malaysian Investment Development Authority and to provide for the administration, functions and powers of the Authority and for matters connected therewith.

Contents — Parts and sections

27 sections, headings copied from the “ARRANGEMENT OF SECTIONS” of the official text (copy of 26 October 2026). Read the full wording in the PDF.

Definitions: section 2 (Interpretation).

s 1 Short title and application
s 2 Interpretation
s 3 Establishment of the Authority
3 a. Establishment of the Board
s 3B Vacation of office
s 3C Filling of vacancies
3 d. Appointment of Chief Executive Officer
s 3E Appointment of officers, servants and other persons
s 4 (Deleted)
s 5 Direction on policy by the Minister
s 6 Functions of the Authority
6 a. Powers of the Authority
s 6B Board to perform functions and exercise powers of the Authority
s 7 (Deleted)
7 a. Power to delegate
s 7B Power to appoint committees
s 7C Power to establish companies
s 8 (Deleted)
s 9 (Deleted)
s 10 Malaysian Investment Development Authority Fund
s 10A Expenditure to be charged on the Fund
s 10AA Investment
s 10B Deposit of the Fund
s 10C Balancing revenue of the Fund
s 10D Expenditure and preparation of estimates
s 11 Statutory Bodies (Accounts and Annual Reports) Act 1980
s 12 Annual Report
s 13 Application of Penal Code and obligation of secrecy
s 13A Non-liability
s 13B Public Authorities Protection Act 1948
s 14 Regulations

Schedules: Schedule — Authority (Incorporation)

Public Authorities Protection Act 1948 (Act 198)Statutory Bodies (Accounts and Annual Reports) Act 1980 (Act 240)

Federal Acts that this law's official text itself refers to (as “[Act N]”), most-referred first.

Amendment history

Amending law	Short title	In force from
Act A123	Federal Industrial Development Authority (Incorporation) (Amendment) Act 1972	04-04-1972
Act 160	Malaysian Currency (Ringgit) Act 1975	29-08-1975
Act A455	Federal Industrial Development Authority (Change of Name and Amendment) Act 1979	02-03-1979
Act A1146	Malaysian Industrial Development Authority (Incorporation) (Amendment) Act 2002	15-04-2002
Act A1399	Malaysian Industrial Development Authority(Incorporation) (Amendment) Act 2011 Authority (Incorporation) LAWS OF MALAYSIA Act 397 MALAYSIAN INVESTMENT DEVELOPMENT AUTHORITY (INCORPORATION) ACT 1965	19-08-2011

Copied from the “List of amendments” printed in the official text. Amendments made after the text's “as at” date are not in this list — check the portal for later amending Acts.

Version history

Captured	Language	Official “last updated”	Pages	SHA-256	File
26 October 2026	English	1 January 2014	22	`76c8e0c408a9`	PDF 0.4 MB

A new version is kept only when the official file changes (different SHA-256 fingerprint). Older versions are never overwritten, so you can see what the text said on an earlier date.

Official source

Official texts of a legislative or regulatory nature are not protected as literary works (Copyright Act 1987, s 3, definition of “literary work”). A downloaded or printed copy is not a copy of the Gazette and is not evidence of its contents — see the portal's own terms. MyLegal2u adds nothing to the text; our explanations are on our guide pages, not in these copies.