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← Racing (Totalizator Board) Act 1961

Racing (Totalizator Board) Act 1961 s 12

Racing (Totalizator Board) Act 1961 s 12

s 12 Borrowing powers of the Board

With the approval of the Minister and of the Minister of Finance, the Board may borrow moneys, whether by way of mortgage, charge, overdraft or otherwise, and may charge all or any of its movable or immovable property, whether present or future, in such manner as it thinks fit.

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

Find Act 494 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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