Malaysia legislation

Section 28

of General Loan And Stock Ordinance Cap 51 Vol Ii

Section 28

The Crown Agents shall, for the purpose of forming such sinking fund, from time to time place at interest or invest in the purchase of such securities as may from time to time

8

be approved by the Secretary of State so much of the money so remitted to them as aforesaid as shall not be required for the payment of interest for the current half-year and shall also place at interest or invest in the purchase of like securities, the accumulations of interest or the dividends, interest, or produce of such investments, and may with the approval of the Secretary of State, change any such investments, and shall hold such fund in trust for the repayment of the principal monies for the time being represented by the stock.

Charge upon general revenue.

Section 28 — General Loan And Stock Ordinance Cap 51 Vol Ii