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← Loan (Local) Act 1957

Loan (Local) Act 1957 s 13

Loan (Local) Act 1957 s 13

s 13 Application of sinking fund

The sinking fund created under section 12 shall be applied in the first place in payment of all expenses of, or incidental to, the management of the sinking fund and the redemption of the stock issued under this Act, and then in repayment of principal moneys represented by the stock.

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

Find Act 648 on lom.agc.gov.my ↗

Text as at 30 March 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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