Malaysia legislation

Section 31

of CONSUMER CREDIT ACT 2025

Section 31

The Minister may, on the recommendation of the Board, approve for the Commission to borrow at such rate of interest or profit and for such period and upon such terms as to the time and method of repayment and otherwise as may be approved by the Minister, any sums required by the Commission for meeting any of its obligations or performing any of its functions under this Act.

Consumer Credit 35