Malaysia legislation
Section 45
Section 45
(a)
the provision of working capital;
(b)
the fulfilling of the functions of the Commission under this Act;
(c)
the repayment of existing loans;
(d)
the redemption of existing debentures or debenture stock which it is required or entitled to redeem; and
(e)
any other expenditure properly chargeable to capital account.
38
(2)
The Commission may make rules not inconsistent with this
Act to provide for such matters in connection with debentures or debenture stock issued under this Act as may appear necessary or expedient to the Commission, and, in particular, for regulating the method of issue, transfer, or other dealing with the debentures or debenture stock.
Power to borrow money, and secure loans by mortgage