Raja-Raja and the Yang di-Pertua-Yang di-Pertua Negeri Higher Studies Scholarship Fund Act 1983 s 15
s 15 Investment powers of the Board
The moneys of the Fund may be invested by the Board in investments for the time being authorized by law for the investment of trust funds: Provided that the Board shall not make any investment in securities issued or registered or other properties situated outside the Federation except with the approval in writing of the Majlis.
Malay text (authoritative)
Kuasa pelaburan Lembaga
Wang Kumpulan Wang boleh dilaburkan oleh Lembaga dalam pelaburan yang pada masa itu dibenarkan oleh undang-undang bagi pelaburan kumpulan wang amanah:
Dengan syarat bahawa Lembaga tidak boleh membuat apa-apa pelaburan dalam sekuriti yang dikeluarkan atau didaftarkan atau dalam harta lain yang berada di luar Persekutuan kecuali diperkenankan secara bertulis oleh Majlis.
Read this section in the full act β Β· Open Part IV β
Find Act 284 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).