Malaysia legislation

Section 15

Section 15

Power to invest

(2)

The moneys of the Fund in subsection (1) may be invested in—

(a)

securities of the Government;

(b)

investments authorized by or under the Trustee Act 1949

[Act 208]; and

(c)

other securities or investments approved by the Minister of Finance.

18 Laws of Malaysia ACT 566

(3)

For the purposes of this section, “securities” has the same meaning as that assigned to “securities” under section 2 of the

Securities Industry Act 1983 [Act 280].

Additional powers of the Perbadanan