Malaysia legislation
Section 5
Section 5
In connection with any external loan the Minister may by any deed or deeds—
(a)
appoint a Registrar, and provide for the establishment and maintenance of a register of any securities, for the location of the register and for the extent to which the register is to be conclusive of the title to those securities or of any other matter;
(b)
provide for the conversion of registered securities into securities transferable by delivery, or vice versa;
(c)
provide for the authentication of certificates relating to the securities or of other documents;
(d)
appoint trustees of any sinking fund, and provide for the investment, management and application of the sinking fund;
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External Loans
(e)
enable any such deed to the modified with or without requiring the consent of a meeting of the holders of securities, and provide or the summoning and conduct of such meetings for that or any other purpose, and the majority required at such a meeting for the decision of the meeting on any matter to be binding on the holders of securities;
(f)
generally regulate, or authorize the Registrar to regulate, the management of the loan and all matters arising in connection therewith.
Exchange of securities