Malaysia legislation

Section 3

of *LOAN (LOCAL) ACT 1959

Section 3

(2)

Where the loan is raised by the issue of stock, Part III shall apply.

(3)

The sums raised under this Act shall not exceed the *sum specified, from time to time, by the Yang di-Pertuan Agong by order published in the Gazette and the order shall, as soon as possible after its publication, be laid by the Minister before the Dewan Rakyat.

Sums charged on and payable out of Consolidated Fund