Malaysia legislation
Section 15A
Section 15A
(2)
At each annual general meeting, every Farmers’ Organization shall determine, subject to the limits imposed by the Registrar pursuant to subsection (1), the maximum limit of indebtedness which it may incur at any time in the coming financial year on account of moneys borrowed or to be borrowed and of other financial commitments and obligations entered into or to be entered into both before and during that financial year.
Investment of funds