Guarantee
s 10
Section 14 of the Financial Procedure Act 1957 [Act 61] shall apply to the Corporation.
Pengurusan Danaharta Nasional Berhad Act 1998 Part IV — GUARANTEE BY THE GOVERNMENT
The Corporation to repay to Government sums paid under guarantee
s 11
If any sum is paid out of the funds of the Government under a guarantee issued under this Part, the Corporation shall repay that sum to the Government in such manner and at such time or by such instalments as the Minister may direct.
Terms and conditions which may be agreed to or approved
s 12
Without prejudice to section 11, the terms and conditions which may be agreed to by the Government may include, in respect of any guarantee given or agreement concluded under this Part or under any bond, debenture, promissory note or other instrument issued pursuant to any such guarantee or agreement, provision for submission by the Corporation or the Government or both of them to the jurisdiction of the courts of the country in which the above-mentioned facility is provided.
Back to Pengurusan Danaharta Nasional Berhad Act 1998 — full text
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗
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).
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