s 5 Approval of Minister and Minister of Finance
A statutory body, or a company or corporation established by a statutory body, shall not borrow money without the prior approval of the Minister and the Minister of Finance.
Statutory Bodies (Power to Borrow) Act 1999 s 5
Statutory Bodies (Power to Borrow) Act 1999 s 5
Malay text (authoritative)
Kelulusan Menteri dan Menteri Kewangan
Sesuatu badan berkanun atau sesuatu syarikat atau perbadanan yang ditubuhkan oleh suatu badan berkanun tidak boleh meminjam wang tanpa terlebih dahulu mendapat kelulusan Menteri dan Menteri Kewangan. Badan Berkanun (Kuasa Meminjam)
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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