Section 9
Payment of interest
(1)
The interest upon the principal moneys represented by stock issued under this Act shall be paid half yearly in the manner provided under subsection 8A(5) or 8B(4), as may be applicable.
(2)
The Minister shall in each half-yearly period ending with the day on which interest on stock issued under this Act falls due, appropriate out of the Consolidated Fund a sum equal to one half-year’s interest on the whole of the stock so issued in order that the interest for the half-year may be paid from it.
*NOTE—The Central Bank of Malaysia Act 1958 [Act 519] has since been repealed by the Central Bank of Malaysia Act 2009 [Act 701]–see section 3 of Act 701.
18 Laws of Malaysia ACT 637