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Section 5

Approval of Minister and Minister of Finance

of Statutory Bodies (Power to Borrow) Act 1999

ActIn forceProvision 5 of 5
Section 5

A statutory body, or a company or corporation established by a statutory body, shall not borrow money without the prior approval of the Minister and the Minister of Finance.

Act 598

LIST OF AMENDMENTS

Amending law Short title : In force from

Read in full context — Statutory Bodies (Power to Borrow) Act 1999 →