Malaysia legislation
Section 20
Section 20
(a)
such sums as may be provided from time to time for the purposes of the Corporation by the Dewan Undangan Negeri;
[Am. Ord. No. 19/91.]
(b)
such sums as may be allocated from time to time to the
Corporation from the proceeds of loans raised by Sarawak;
(c)
moneys earned from any project, scheme or enterprise financed from such funds and resources;
[Sub. Ord. No. 19/71.]
(d)
all sums from time to time received by or falling due to the Corporation in respect of the repayment of any loan made by the Corporation, and the interest payable in respect of any such loan;
(e)
moneys earned or arising from any property, investments, charges and debentures acquired by or vested in the
Corporation;
(f)
any property, charges, debentures or investments acquired by or vested in the Corporation;
(g)
sums borrowed by the Corporation for the purpose of meeting any of its obligations or discharging any of its functions;
and
(h)
all other sums or property which may in any manner become payable to or vested in the Corporation in respect of any matter incidental to its powers and duties.
(2)
Interest on any amount specified in subsection (1)(a) shall be paid by the Corporation to the State Government at such rate, if any, as may be determined by the Majlis Mesyuarat Kerajaan Negeri.
[Am. Ord. No. 19/71.]
(3)
The annual charges on any amount which may be allocated to the Corporation from the proceeds of loans raised by Sarawak under subsection (1)(b) shall be met by the Corporation:
Provided that all or any part of such charges may, subject to the approval of the Dewan Undangan Negeri, be met from the general revenue of Sarawak.
Borrowing powers