Malaysia legislation

Section 9

of *LEMBAGA KEMAJUAN WILAYAH PULAU PINANG ACT 1983

Section 9

Power of Minister to give directions

(2)

Without prejudice to the generality of subsection (1) andsubject to consultation with the Lembaga and the concurrence of the Minister of Finance, the power of the Minister to give directions shall extend to the giving to it of directions—

14 Laws of Malaysia

(a)

as to the disposal of capital assets; and

(b)

as to the application of the proceeds of such disposals, notwithstanding that the directions may be of a specific character:

Provided that no such direction shall, so long as any sum borrowedby the Lembaga in accordance with the provisions of this

Act remains outstanding, be given.

The Kawasan Lembaga Kemajuan Wilayah Pulau Pinang

Read in full context — *LEMBAGA KEMAJUAN WILAYAH PULAU PINANG ACT 1983 →