Malaysia legislation
Section 47
Section 47
A local authority may, subject to any regulations which may be made under the Ordinance,—
(a)
make such contracts as are necessary or expedient for the proper performance of its duties or the effective exercise of its powers, under this Ordinance; and
(b)
enter into contracts of guarantee or indemnity for the purpose of facilitating the acquisition or erection of dwelling houses by officers or other servants of the local authority.
Expenditure of local authority