Section 13
Power to establish insurance and unit trust schemes
of Perbadanan Tabung Pendidikan Tinggi Nasional Act 1997
ActIn forceProvision 14 of 64
Section 13
(1)
The Perbadanan, with the approval of the Minister and the consent of the Minister of Finance, may establish, either by itself or in conjunction with other bodies, institutions or organizations, insurance and unit trust schemes for the purpose of promoting the making of deposits under section 11.
(2)
The establishment of the insurance or unit trust scheme in subsection (1) shall be subject to the requirements and procedures of relevant written laws.