Federal Territory (Planning) Act 1982 s 50

s 50 Power to borrow money

The Commissioner may, with the approval of the Minister and of the Minister of Finance on such terms and conditions as he may specify, borrow such sums of money as are necessary for financing the development of a development area.

Malay text (authoritative)

Kuasa meminjam wang

Datuk Bandar boleh, dengan kelulusan Menteri dan juga Menteri Kewangan atas terma dan syarat sebagaimana yang ditetapkan, meminjam apa-apa jumlah wang sebagaimana yang perlu untuk membiayai pembangunan suatu kawasan pembangunan.

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Find Act 267 on lom.agc.gov.my ↗

Text as at 1 December 2011 (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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