Malaysia legislation

Section 28

of PERBADANAN PEMBANGUNAN BANDAR ACT 1971

Section 28

The Perbadanan shall, subject to the provisions of this Act, have power to do anything and to enter into any transaction (whether or not involving expenditure, borrowing or investment of money in accordance with the provisions of this Act in that behalf, the acquisition, use and disposal of any movable or immovable property, including vehicles and vessels or rights) which in its opinion is calculated to facilitate the proper discharge of its duty or is incidental or conducive thereto.