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Section 16

Power to establish companies

of Malaysia External Trade Development Corporation Act 1992

ActIn forceProvision 16 of 38
Section 16

The Corporation may, from time to time, with the approval of the Minister and concurrence of the Minister of Finance, establish companies by such name as the Corporation may determine to carry

16 Laws of Malaysia ACT 490

out and have the charge, conduct and management on behalf of the

Corporation of any project, scheme or enterprise determined by the

Corporation in the discharge of its functions and the exercise of its powers.