Skip to content

Section 5A

Power of Authority to enter into any arrangement for sharing of profits, etc.

of Bintulu Port Authority Act 1981

ActIn forceProvision 6 of 110
Section 5A

The Authority, with the approval of the Minister and the concurrence of the Minister of Finance, may—

(a)

enter into any arrangement for sharing profits, union of interests, cooperation 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].