Malaysia legislation

Section 25

of *NATIONAL VISUAL ARTS DEVELOPMENT BOARD ACT 2011

Section 25

Power to borrow

The Board may, with the approval of the Minister and the

Minister of Finance, borrow, 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 and the Minister of Finance may approve, any sums required by the Board for meeting any of its obligations or discharging any of its duties under this Act.