Malaysia legislation
Section 22
Section 22
General powers to transact business
The Majlis shall have power to do anything and to enter into any transaction (whether or not involving expenditure, borrowing, granting
Majlis Amanah Rakyat 19
of loans or investment of money in accordance with this Act in that behalf, the acquisition, use and disposal of any movable or immovable property, including vehicles and vessels, or rights) which in its opinion is calculated to facilitate the proper discharge of its duty or is incidental or conducive thereto.