Malaysia legislation
Section 18
of PALM OIL REGISTRATION AND LICENSING AUTHORITY (INCORPORATION) ACT 1976
Section 18
The Authority may, from time to time, after consulta-Power to tion with the Minister and with the approval of the Minister of Finance, invest the Fund or any part thereof, not being immediately required for meeting the Authority's obligations or carrying out its functions invest.
(a)
in any investment or securities authorised 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
Authority thinks fit.