This Act may be cited as the Public Authorities Short title. (Control of Borrowing Powers) Act, 1961.
Act 383
Public Authorities (Control of Borrowing Powers) Act 1961
Akta pihak-pihak berkuasa awam (kawalan kuasa-kuasa meminjam) 1961
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In this Act- Interpre- "public authority" means any local authority or any tation statutory authority, exercising powers vested in it by Federal or State law, specified in the Schedule hereto, and any officer or authority appointed by or acting on behalf of any such authority; "Treasury" means the Minister of Finance and includes any officer under the administrative control or direction of the Minister of Finance to whom the Minister has delegated, or who, in accordance with the provisions of section 6 or 7 of the Delegation of Powers Ordinance, 1956, is authorised 56 of 1956. to exercise, powers under this Ordinance. law, no public authority shall borrow money, or enter into borrowing. thereunder.
Schedule 1N1.39/63 2 OF 1961
The Yang di-Pertuan Agong may, in the case of Π³ public authority exercising powers vested in it under any state law after consultation with the Ruler or Governor o such State, by order published in the Gazette add to, amend oΠ³ delete any of the provisions of the Schedule hereto.
(sections 2 and 5) l. The City Council of Penang
3) ΠΈh tepoa The Municipal Council of Malacc 8. The Comnissioner of the Fadual Capital. [Received the Royal Assent on the 12th day of January, 1961.] KUALA LUMPUR PRINTED BY THE GOVERNMENT PRINTER AND PUBLISHED BY AUTHORITY ON 14TH JANUARY, 196 Price: 20 cts.
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- Act 383
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- Official text, free to reproduce (Copyright Act 1987 [Act 332] s 3) β
Public Authorities (Control of Borrowing Powers) Act 1961 [Act 383] (Laws of Malaysia, lom.agc.gov.my). Retrieved via LawPlayer, https://lawplayer.com/my/act/act-383
This text is synced from lom.agc.gov.my. In case of any discrepancy, the official version prevails.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).