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← Loan (Local) Act 1957

Loan (Local) Act 1957 s 14

Loan (Local) Act 1957 s 14

s 14 Procedure if sinking fund insufficient

In case the sinking fund created under section 12 is insufficient for the repayment of all principal moneys represented by stock issued under this Act at the time when the same becomes due, the Minister shall make good the deficiency out of the Consolidated Fund.

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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