Section 4

Any sums borrowed by the State under the powers conferred by section 2 for the requirement of the State shall be applied and are hereby appropriated to the purposes for

2

which they were borrowed as specified in any agreement concluded with the Federation of Malaysia in respect of the sum so borrowed or in respect of the sums borrowed under the authority of the Enactment repealed under section 7, to the purposes as set out in the

Schedule or any such purposes ancillary thereto:

Provided that where any part of such sum cannot be applied to the purposes aforesaid, such part may be applied to such other purposes as may be approved by the

Federation of Malaysia.

Method of payment of loan.