Malaysia legislation
Section 59
Section 59
(1)
It shall be lawful for an Authority from time to time to obtain from the
Government advances of moneys required for the proper carrying out of the provisions of this
Ordinance. The moneys so advanced and the interest thereon, if any, shall constitute a liability of the Authority and shall be a charge on the property and revenues of the Authority present and future.
(2)
An Authority may make advances and operate deposit and suspense accounts within such limits and upon such conditions as shall be approved in writing by the Minister.
Renewals funds.