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Section 11

Investment

of National Sports Council of Malaysia Act 1971

ActIn forceProvision 13 of 23
Section 11

The assets of the Board shall, insofar as they are not required to be expended by the Board under this Act, be invested in such manner as the Minister may approve:

Provided that the Board shall not make any investment in securities issued or registered or other properties situated outside

Malaysia except with the approval of the Minister of Finance.