Malaysia legislation

Section 11

of Local Loans Ordinance 1959

Section 11

North Borneo stock shall from time to time be issued in the Colony by the

Accountant-General, upon the directions of the Financial Secretary, upon the best and most favourable terms that can be obtained, and to such amounts and on such conditions, subject to the provisions of this Ordinance, as the Financial Secretary may before the issue thereof from time to time direct.

Accountant-General to keep register of stock.