Malaysia legislation
Section 42
Section 42
Where upon any examination made under the provisions of section 41 it appears to the
Corporation that any sum being the whole or any part of the loan has not been applied for the purposes for which the loan was made the Corporation may order that any such sum be, within the time mentioned in the order, applied to such purposes or that such sum together with any interest due thereon on the date of the order be repaid to the Corporation or the bank and such sum shall thereupon become a debt due to the Corporation or the bank as the case may be.
Cancellation or modification of approval.