Section 25
Investment of Corporation funds
of Cheng Hoon Teng Temple (Incorporation) Act 1949
ActIn forceProvision 22 of 23
Section 25
(1)
The funds of the Corporation may be invested in any of the investments authorized from time to time by law for the investment of trust funds.
(2)
Sections 4 to 15 of the Trustee Act 1949 [Act 208] shall apply as near as may be to the members of the Standing Committee for the time being.