Malaysia legislation

Section 28

of *MALAYSIA CO-OPERATIVE SOCIETIES COMMISSION ACT 2007

Section 28

The Commission may provide—

(a)

subsidy, grant, Islamic financing or credit facility, with or without return or interest, to its officers and employees; or

(b)

Islamic financing or credit facility, with or without return or interest, for educational purposes or scholarships to its officers and employees or any other persons, on such terms and conditions as the Commission may determine.

Malaysia Co-operative Societies Commission 31

Application of Statutory Bodies (Discipline and Surcharge)

Act 2000