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mylaw.myby aturio
In forceUpdated to 1 Sep 2010Read it in Bahasa Malaysia
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Part IV · Financial Provisions

27. Interest payments on capital moneys in Common Fund

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(1)

The interest payable in respect of the capital moneys which form part of the Common Fund shall be at such reasonable rate as the Corporation may, with the approval of the Minister, prescribe having regard to the distributable income of the Common

Fund and the ability of the Common Fund and General Reserve

Fund to meet all payments required to be paid.

(2)

Such rate may be revised quarterly.

(3)

Interest payable from the Common Fund shall be credited half yearly to the respective estates:

Provided that the Corporation may, at its discretion, credit such interest at such more frequent intervals as it may deem fit in the case of any particular estate.

Report

Read on from s 28

Part V

General

Read on from Part V