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← Tabung Haji Act 1995

Tabung Haji Act 1995 s 24

Tabung Haji Act 1995 s 24

s 24 Government’s guarantee of payments

(1) If any expenditure of the Lembaga in relation to withdrawals by depositors cannot be met out of the Fund or the Reserve Fund it shall be charged on and payable out of the Consolidated Fund. (2) Any payment out of the Consolidated Fund shall as soon as practicable be repaid by the Lembaga to the Consolidated Fund and until it is repaid it shall be a debt to the Government and a first charge on the assets of the Fund and the Reserve Fund.

Malay text (authoritative)

Jaminan Kerajaan tentang bayaran

(1) Jika apa-apa perbelanjaan Lembaga berhubungan dengan pengeluaran oleh pendeposit tidak dapat ditampung daripada Kumpulan Wang atau Kumpulan Wang Rizab perbelanjaan itu hendaklah dipertanggungkan pada dan kena dibayar daripada Kumpulan Wang Disatukan. (2) Apa-apa pembayaran daripada Kumpulan Wang Disatukan hendaklah dengan seberapa segera yang praktik dibayar balik oleh Lembaga kepada Kumpulan Wang Disatukan dan sehingga wang itu dibayar balik wang itu hendaklah menjadi hutang kepada Kerajaan dan tanggungan pertama atas aset Kumpulan Wang dan Kumpulan Wang Rizab.

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

Find Act 535 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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