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← Malaysian Institute of Road Safety Research Act 2012

Malaysian Institute of Road Safety Research Act 2012 s 37

Malaysian Institute of Road Safety Research Act 2012 s 37

s 37 Power to borrow

The Institute may, from time to time, borrow in such form, at such rate of interest, for such period and upon such terms as to the time and method of repayment, as may be approved by the Minister, with the concurrence of the Minister of Finance, any money required by the Institute for meeting any of its obligations or discharging any of its duties.

Malay text (authoritative)

Kuasa untuk meminjam

Institut boleh, dari semasa ke semasa, meminjam dalam apaapa bentuk, pada apa-apa kadar bunga, bagi apa-apa tempoh dan atas apa-apa terma mengenai masa dan cara pembayaran balik, sebagaimana yang diluluskan oleh Menteri, dengan persetujuan Menteri Kewangan, apa-apa jumlah yang diperlukan oleh Institut bagi memenuhi mana-mana obligasinya atau menunaikan manamana kewajipannya.

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

Find Act 748 on lom.agc.gov.my ↗

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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