Malaysia legislation
Section 10
of HIGHWAY AUTHORITY MALAYSIA (INCORPORATION) (AMENDMENT) ACT 2024
Section 10
“Power to borrow
The principal Act is amended by inserting after section 17
the following section:
“Power to establish companies 17a. The Authority may, with the approval of the Minister and the Minister of Finance, establish companies under the Companies Act 2016 to carry out or engage in any activity which has been planned or undertaken by the Authority in the performance of its functions or the exercise of its powers under this Act.”.