Malaysia legislation

Section 28

of *LEMBAGA KEMAJUAN WILAYAH PULAU PINANG ACT 1983

Section 28

Power to grant loans

In the execution of its duties or in the discharge of its functions,the Lembaga may, with the approval of the Minister and theconcurrence of the Minister of Finance, grant loans, and suchloans may be granted subject to such terms and conditions as theLembaga may, with the approval of the Minister and the concurrenceof the

Minister of Finance, deem fit to impose in particular cases.

Lembaga Kemajuan Wilayah Pulau Pinang 29

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