Malaysia legislation

Section 32

of Credit Corporation Enactment 1981

Section 32

The Corporation may from time to time, invest any of its funds, not immediately required to be expended in the meeting of the obligations or in the discharge of the functions of the Corporation, in securities authorized for the investment of trust funds by any written law for the time being in force, and may place the same on deposit in any bank or banks licensed

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under the provisions of the Banking Act, 1973 [Act 102.], or, in any undertaking as may be approved by the Minister.

Borrowing powers.