Perbadanan Kemajuan Kraftangan Malaysia Act 1979 s 16
s 16 Power to borrow
The Perbadanan may from time to time borrow, at such rate of interest and for such period and on such terms as to the time and method of repayment and other matters as the Minister of Finance may approve, any sum required by the Perbadanan for meeting any of its obligations or discharging any of its duties.
Malay text (authoritative)
Kuasa meminjam
Perbadanan boleh dari semasa ke semasa meminjam, atas apa-apa kadar bunga dan bagi apa-apa tempoh dan atas apa-apa syarat tentang masa dan cara pembayaran balik dan perkara lain sebagaimana diluluskan oleh Menteri Kewangan, apa-apa jumlah wang yang dikehendaki oleh Perbadanan untuk menjelaskan apa-apa tanggungannya atau menjalankan apa-apa tugasnya.
Read this section in the full act β Β· Open Part IV β
Find Act 222 on lom.agc.gov.my β
Text as at 1 January 2006 (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).