Malaysia legislation

Section 8B

of *PINEAPPLE INDUSTRY ACT 1957

Section 8B

Power to invest

The Board may, with the approval of the Minister and the concurrence of the Minister of Finance, from time to time, invest the

Fund or any part thereof, not being immediately required for meeting its obligations or carrying out its functions—

(a)

in any investment or securities authorized for the investment of trust funds by any written law for the time being in force; or

(b)

in such other investment or securities as the Board thinks fit.

Power of the Board to require information