Section 7
Issue of promissory notes and other obligations
of Asian Infrastructure Investment Bank Act 2017
ActIn forceProvision 7 of 9
Section 7
(1)
The Minister may issue to the Bank in such form as he thinks fit any promissory notes or other obligations, in lieu of the amount to be paid in the Malaysian currency, provided that such amount is not required by the Bank for the conduct of its operations.
(2)
Such notes or obligations issued shall be non-negotiable, non-interest bearing and payable to the Bank at par value upon demand.