Land Development Act 1956 s 5

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s 5 Disposal of capital assets

The power conferred on the Minister by section 4 to give directions to the Authority shall extend to the giving of directions— (a) as to the disposal of capital assets; or (b) as to the application of the proceeds of such disposal, notwithstanding that the directions may be of a specific character: Provided that no such direction shall, so long as any sum borrowed by the Authority in accordance with this Act remains outstanding, be given except with the concurrence of the Treasury.

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Find Act 474 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).

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