My bookmarksSign up free
← Highway Authority Malaysia (Incorporation) Act 1980

Highway Authority Malaysia (Incorporation) Act 1980 s 17

Highway Authority Malaysia (Incorporation) Act 1980 s 17

s 17 Power to invest

The Authority may, from time to time, with the approval of the Minister of Finance, invest the Fund or any part thereof, not being immediately required for meeting the Authority’s obligations or carrying out its functions— (a) in any investment or securities authorized for the investment of trust funds by any written law for the time being in force; or (b) in such other investment or securities as the Authority may deem fit.

Malay text (authoritative)

Kuasa untuk melabur

Lembaga boleh, dari semasa ke semasa, dengan kelulusan Menteri Kewangan, melaburkan Kumpulan Wang atau mana-mana bahagiannya yang tidak dikehendaki dengan segera untuk menjelaskan obligasi Lembaga atau melaksanakan fungsinya— (a) dalam apa-apa pelaburan atau sekuriti yang dibenarkan untuk pelaburan wang amanah oleh mana-mana undang-undang bertulis yang berkuat kuasa pada masa itu; atau (b) dalam apa-apa pelaburan atau sekuriti lain sebagaimana yang difikirkan patut oleh Lembaga.

Read this section in the full act → · Open Part III →

Find Act 231 on lom.agc.gov.my ↗

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).

What to look at next