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← Financial Reporting Act 1997

Financial Reporting Act 1997 s 26

Financial Reporting Act 1997 s 26

Some sections could not be extracted from the official PDF, so this text may be incomplete.

s 26 Power to borrow

The Foundation may from time to time, with the approval of the Minister, borrow, at such rate of interest and for such period and upon such terms as to the time and method of repayment and otherwise as the Minister may approve, any sums required by the Foundation for meeting any of its or the Board’s obligations or performing any of its or the Board’s functions.

Malay text (authoritative)

Kuasa meminjam

Yayasan boleh dari semasa ke semasa, dengan kelulusan Menteri, meminjam, pada kadar faedah dan bagi tempoh dan atas terma tentang masa dan kaedah pembayaran balik dan selainnya sebagaimana yang diluluskan oleh Menteri, apa-apa jumlah wang yang diperlukan oleh Yayasan bagi memenuhi mana-mana obligasinya atau obligasi Lembaga atau menjalankan mana-mana fungsinya atau fungsi Lembaga.

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

Find Act 558 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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