50. Application of funds.

(1) The funds of a registered trade union may, subject to the rules thereof and to this Act, be expended only for the following objects—

(a) the payment of salaries, allowances and expenses to officers and employees of the trade union;

(b) the payment of costs and expenses of the administration of the trade union including audit of the account of the funds of the trade union;

(c) the prosecution or defence of any legal proceeding to which the trade union or any member thereof is a party, when such prosecution or defence is undertaken for the purpose of securing or protecting any right of the trade union as such or any right arising out of the relations of any member with his employer, or with a person whom the member employs;

(d) the expenses incurred in the settlement of disputes under Part VI;

(e) the conduct of trade disputes on behalf of the trade union or any member thereof provided that such trade disputes do not contravene this Act or any other written law;

(f) the compensation of members for loss arising out of trade disputes involving such members provided that such trade disputes do not contravene this Act or any other written law;

(g) allowances to members or their dependants on account of death, old age, sickness, accidents or unemployment of such members;

(h) the payment of fees in respect of affiliation with, or membership of, any federation of trade unions registered under Part XII. or any consultative or similar body in respect of which permission has been given by the Director General under section 76A (l) or the Director General has been notified under section 76A (2);

(i) the payment of—

(i) all train fares, other essential transport expenses, cost of board and lodging, supported by vouchers, or such amounts as are laid down by the union;

(ii) the amount of actual wages lost by representatives of trade unions attending meetings connected with or related to the promotion of industrial relations or attending to any matters as required by the Director General in relation to this Act or any regulations;

(iii) expenditure for the purpose of the establishment or maintenance of a federation of trade unions registered under Part XII, or a consultative or similar body in respect of which permission has been given by the Director General under section 76A (1) or the Director General has been notified under section 76A (2);

(j) the editing, printing, publication and circulation of any journal, magazine, news sheet or other printed literature published by the registered trade union for the advancement of its objects or the promotion of the interests of the members in accordance with its registered objects and rules;

(k) the conduct of social, sporting, educational and charitable activities of the members;

(l) the payment of premia to insurance companies registered in Malaysia as may from time to time be approved by the Director General.

(2) The Minister may by notification in the Gazette add to, delete from or amend the objects specified in subsection (1).