s 7 Power of Government to guarantee loans by Fund to statutory authorities
(1) The Government may in such manner and on such terms and subject to such conditions as may be agreed between it and the Fund— (a) guarantee the discharge by a statutory authority of its obligations under any agreement which may be entered into by the statutory authority with the Fund in respect of any borrowing under subsection 5(1) or under any bond, promissory note or other instrument issued pursuant to any such agreement; and (b) undertake such other obligations as may be agreed between the Government and the Fund in relation to or pursuant to any such agreement, bond, promissory note or instrument. (2) Any guarantee or undertaking given under this section shall be given in writing in the name of the Government of Malaysia and such guarantee or undertaking and any indorsement on any bond, promissory note or other instrument of guarantee given under this section may be signed on behalf of the Government by the Minister or by any person or persons authorized in writing by the Minister. (3) A copy of any statement of any guarantee or undertaking referred to in this section shall be laid before the Dewan Rakyat.