Malaysia legislation
Section 14
of SMALL AND MEDIUM ENTERPRISES CORPORATION MALAYSIA ACT 1995
Section 14
The Corporation may, from time to time, borrow in such form, at such rate of interest and for such period and upon such terms as to the time and method of repayment and otherwise, as the Minister, with the concurrence of the Minister of Finance may approve, any sum required by the Corporation for meeting any of its obligations or discharging any of its functions or exercising any of its powers.
Power to grant loans 14a. In the discharge of its functions and the exercise of its powers, the Corporation may grant loans for such purposes as may be approved by the Minister after consultation with the Minister of Finance, and such loans may be granted subject to such terms and conditions as the Corporation may, with the approval of the
Minister, deem fit to impose in particular cases.
18
Act 539