Section 12
of Palm Oil Research and Development Act 1979
ActIn forceProvision 12 of 17
Section 12
The Board may, from time to time, with the approval of the Minister and after consultation with the Minister of Finance, invest the Fund or any part thereof, not being immediately required for meeting its obligations or exercising its functions, in any investment or securities for the time being authorised for the investment of trust funds under any written law.