Malaysia legislation

Section 22

of Loans and Loan Guarantees Ordinance, 1999

Section 22

For the purposes of raising loans or undertaking any borrowings or the issue of bonds or other securities in pursuance of this Ordinance, the Government may appoint or engage investment or financial advisers, consultants, bankers, rating agencies or other agents or persons with the requisite knowledge or expertise, as the Government deems fit or proper, and pay them such fees, remuneration or expenses as may be agreed between them and the

Government.