Renewable Energy Act 2011 · s 26

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s 26Investment

(1)

The moneys from the Fund shall, in so far as they are not required or immediately required to be expended by the Authority under this Act, be invested in such manner as the Minister may approve with the concurrence of the Minister of Finance.

(2)

The Authority shall open and maintain an account or accounts to hold moneys in the Fund with such bank or banks in Malaysia as it thinks fit, after consulting the Minister and the Minister of Finance, and every such account shall be operated in such manner as may be authorized by the Authority.