Section 10

to enter into contracts;

to utilize all property of the Perbadanan, movable or immovable, in the interest of the Fund in such manner as the Perbadanan may think expedient including the raising of loans by mortgaging such property;

to engage in any activity, either by itself or in conjunction with other organizations, for the purpose of co-ordinating, streamlining or rationalizing the giving and administration of educational loans to students studying in higher educational institutions;

to impose fees or administrative charges for services rendered by the Perbadanan;

to grant loans and make advances to the officers and servants of the Perbadanan for any purpose specifically approved by the Perbadanan;

to provide recreational facilities and promote recreational activities for, and activities conducive to, the welfare of the officers and servants of the

Perbadanan;

to provide training for the officers and servants of the

Perbadanan and to grant loans or otherwise pay for such training; and

to do anything incidental to any of its powers.

16 Laws of Malaysia ACT 566

Power to receive deposits