Malaysia Co-Operative Societies Commission Act 2007 · s 35

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s 35Power to borrow or raise fund

The Commission may, from time to time, with the prior written approval of the Minister and the Minister of Finance, raise funds as follows:

(a)

borrow money from the Government, agencies of the

Government or any other person; or

(b)

issue bonds, debentures, debenture stocks or such other securities, in such manner as the Commission thinks fit or upon such terms and conditions as it deems expedient for meeting any of its obligations or performing any of its functions, powers or duties under this Act.