Malaysia legislation
Section 12
Section 12
Regulations as to deposits
The Perbadanan, with the approval of the Minister of Finance in relation to the deposits under section 11, may make regulations as to—
(a)
the manner and the terms and conditions under which deposits into the Fund are to be made;
(b)
the provision for separate accounts to be kept for each depositor;
(c)
the manner and the terms and conditions under which withdrawals are to be made of any amount standing to the credit of a depositor’s account;
(d)
the evidence to be produced on an application for withdrawal; and
(e)
any other matter pertaining to the making, and withdrawal, of deposits.
Perbadanan Tabung Pendidikan Tinggi Nasional 17
Power to establish insurance and unit trust schemes