Malaysia legislation

Section 30

of Korporasi Pembangunan Desa Sabah Enactment 1981

Section 30

The Corporation may, with the written approval of the Minister of Finance, secure the repayment of any sum borrowed by the Corporation or by a third party with the approval in writing of the Corporation, by the mortgage or charge, legal or equitable, of any property vested in the Corporation, or of any revenue receivable by the Corporation under this

 “Banking and Financial Institutions Act 1989” substituted for “Banking Act 1973” by virtue of Act 372.

 “Banking and Financial Institutions Act 1989” substituted for “Banking Act 1973” by virtue of Act 372

19

Enactment or any other written law.

Power to make loans.

Section 30 — Korporasi Pembangunan Desa Sabah Enactment 1981