Section 5
Power to enter into any arrangement for sharing of profits, etc.
ActIn forceProvision 5 of 26
Section 5
BERNAMA, with the approval of the Minister and the concurrence of the Minister of Finance, may—
(a)
enter into any arrangement for sharing of profits, union of interests, co-operation or joint venture with any person or body of persons; or
(b)
establish or promote the establishment and expansion of companies under the Companies Act 1965 [Act 125].