Malaysia legislation
Section 15A
Section 15A
The Perbadanan may, with the approval of the Minister and the consent of the Minister of Finance—
(a)
where it appears to be requisite, advantageous or convenient for or in connection with the discharge of the functions, exercise of the powers and carrying on of the activities of the
Perbadanan, enter into equity participation, partnership, joint-venture, undertaking or any other form of co-operation or arrangement in association, or otherwise, with—
(i)
an enterprise, a company, a private undertaking or a syndicate of persons constituted for the carrying on of business in Malaysia or elsewhere;
(ii)
the
Federal
Government or any
State
Government;
(iii)
a public body or authority;
(iv)
a commission; or
(v)
a person; and
(b)
establish or promote the establishment of companies under the Companies Act 1965 [Act 125] to carry on or engage in any activity which has been planned or undertaken by the Perbadanan.
Perbadanan Tabung Pendidikan Tinggi Nasional 19
Guarantee and indemnity