Malaysia legislation

Section 8A

of *PORT AUTHORITIES ACT 1963

Section 8A

The authority may, from time to time with the approval of the

Minister of Finance, borrow, by way of overdraft or otherwise, such sums as it may require for meeting its obligations and discharging its functions under this Act and may secure the repayment of any sum borrowed by way of a mortgage or charge, legal or equitable, of any property vested in the authority, or of any revenue received by the authority under this Act.

Accounts and records to be open for inspection

22 Laws of Malaysia ACT 488

Section 8A — PORT AUTHORITIES ACT 1963 | mylaw.my