Malaysia legislation

Section 45

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 45

A prescribed institution may invest money in any trust fund, in so far as the money is not for the time being required to be expended or

Development Financial Institutions 73

utilized for the purposes for which the trust fund was set up, in such investments as the Bank may specify and all income accruing in respect of such investments shall be credited to the trust fund.