Town and Country Planning Act 1976 s 42

s 42 Power to borrow moneys

The local planning authority may, with the approval of the Menteri Besar or Chief Minister, but subject to the Public Authorities (Control of Borrowing Powers) Act 1961 [Act 383], borrow such sums of money as are necessary for financing the development of a development area.

Malay text (authoritative)

Kuasa untuk meminjam wang

Pihak berkuasa perancang tempatan boleh, dengan kelulusan Menteri Besar atau Ketua Menteri, tetapi tertakluk kepada Akta Pihak-Pihak Berkuasa Awam (Kawalan Kuasa-Kuasa Meminjam) 1961 [Akta 383], meminjam sejumlah wang yang perlu untuk membiayai pemajuan suatu kawasan pemajuan.

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Find Act 172 on lom.agc.gov.my ↗

Text as at 1 June 2021 (LOM reprint); amendments made after that date may not be incorporated.

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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