Section 6
Investment
of Electricity Supply Enactment 2024
State EnactmentIn forceProvision 6 of 112
Section 6
(1)
The moneys in the Electricity Fund shall, in so far as they are not required or immediately required to be expended by the Commission for the purposes of subsection 5(3), be invested in such manner as the Minister may,
20
with the concurrence of the Minister of Finance, approve.
(2)
The Commission shall open and maintain an account or accounts to hold moneys in the Electricity Fund with such financial institution or financial institutions in Malaysia as it thinks fit, after consulting the Minister and the
Minister of Finance, and every such account shall be operated upon in such manner as may be authorized by the Commission for such purpose from time to time.