Section 147. Capital of wakaf and nazar am. (ADMINISTRATION OF ISLAMIC RELIGIOUS AFFAIRS ENACTMENT 1986

ENACTMENT NO. 12 OF 1986
ADMINISTRATION OF ISLAMIC RELIGIOUS AFFAIRS ENACTMENT 1986

PART IV - FINANCIAL MATTERS
The Fund of the Majlis

Section 147. Capital of wakaf and nazar am.

(1) Subject to subsections (2) and (3), the capital property and assets affected by any lawful wakaf or nazar am shall not form part of the Fund, but shall be applied in pursuance of the wakaf or nazar am and held as segregated funds.

(2) If, due to lapse of time or change of circumstances, it is no longer possibIe beneficially to carry out the exact provisions of any wakaf or nazar am, the Majlis shall prepare a scheme for the application of the property and assets affected thereby in a manner as closely as may be analogous to that required by the terms of the wakaf or nazar am, and shall apply them accordingly; or the Majlis may, with the approval in writing of His Royal Highness the Sultan, direct that the property and assets shall be added to and form part of the Fund.

(3) If the terms of any wakaf or nazar am are such that no method of application of the capital property and assets affected thereby is specified, or it is uncertain in what manner they should be applied, the Majlis may direct that the capital property and assets shall be added to and form part of the Fund.

(4) All instruments credting, evidencing, or affecting any wakaf or nazar am together with any documents of title or other securities relating thereto, shall be held and retained by the Majlis.