Section 14
Investment of moneys not immediately required to be expended, and contributions to charity
of Bintulu Port Authority Act 1981
Moneys which are not immediately required to be expended in the discharge of any of the functions of the Authority shall, if invested, be invested by the Authority in investments authorized by any written law for the investment of trust funds, or in such other investments or securities as may be approved by the Minister of
Finance, or may be deposited in a bank or financial institution approved by him:
Provided that the Authority shall not invest moneys in securities issued or registered, or other property situated, outside Malaysia except with the approval in writing of the Minister of Finance to the making of that investment.
(2)
The Authority may, with the approval of the Minister, make financial contributions to its staff or to public or charitable objects.